I'll just write A period, so I don't have to write the whole thing.

So let me show you that right over here...

So over here you had another liability.

So it looks like you took a loss negative 100.

And the only liability that Ben's shoe company had was this 5,000 in accounts payable...

You've increased this liability that you owe things to other people.

Increasing the Accounts Payable is allowing us to not use all of our cash

I'm only going to pay you 100 now and I'm going to give you 100 later

Accounts Payable is a liability

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But it's a source of cash because we don't have to use our own cash.

Our profit in the first period is 30,000.

So they'll start with your net income or actually they'll start with the cash that you started out with so they take you from this cash balance to that cash balance.

It's a little unrealistic, I kept it simple here and allowed us to have a negative cash balance just for simplicity, but usually you will not see a negative cash balance.

Leave your money on the table.

What's the balance of my account?

Don't buy things on credit.

Yes, and that's a lot of money.

Accounts Payable

'Cause it's a lot of money.

It's actually a square, because it has the same length and the same width.

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AVAILABLE BALANCE 3,647,035.59

I will try to do proportional to the size so that right over there, that is the accounts payable the five thousand dollars. they both have that on the liability size now where they really diverge so this is the same amount 5 thousand dollars it should be about 1 4 of the size its not exactly how I've drawn it but where they really diverge is that Jason

That way, 500 years later, it'll be worth billions.

So this is the account of B. The account of Villager B.

So you have an Accounts Payable liability of 100 sorry, at this point we had no Accounts Payable liability and then after the end of the month we have an Accounts Payable liability of 100.

There are smart ways to buy them and to aggregate that purchasing power to bring very efficient vehicles into the market faster.

Those are accounts receivables.

How many shall we buy Chef?

And then when A takes this check that he got from D, brings it back to the bank.

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Even the richest man cannot buy everything.

liabilities there and liabilities over here now, they both have the same amount of accounts payables maybe the people they are buying shoes from are able to delay paying those shoes just a little bit

How much money we got left?

So the beginning of month 2, which is the end of month 1,

To get some future benefit.

Is it practical?

We borrowed money at high interest.

Then I'm gonna deposit the rest in a money market account.

I'll leave you money for therapy.

I can talk to the agency and get them to clear your gambling debts.

Money cannot buy happiness.

Money cannot buy freedom.

I don't have money to buy a dictionary.