My reference is all about how our REVENUE is represented in the books. For ages there has always been a discussion and disagreement about the amount of revenue OBJ has.
From an accounting perspective, you can have revenue without having the cash. We sell a wand on "credit" and you pay me later. Here we have "Revenue" without having cash in the bank. The balancing item in the accounts will be many names - trade debtors, receivables (a promise to pay later) etc so you can see how many different opinions from many keyboard warriors ended up in slanging matches about how much or little cash OBJ has.
Just knowing how they have handled the Accounts gives a much clearer/consistent result but it also allows you to hide more - and in the case of the recent expenses, they can always be reversed.
TC.
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