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Discussion » Statements » Rosie's Corner » From an accountant's point of view being "in the red" is not a good thing. It means your outgo is more than your income. Desirable?

From an accountant's point of view being "in the red" is not a good thing. It means your outgo is more than your income. Desirable?

You lose more often than you win
You pay out more than you take in

Eventually you are out of business being "in the red".

Posted - November 26, 2019

Responses


  • 32529
    And Blue means depressed. 

    These colors and their meaning in nonpolitical context have nothing to do with the parties. Or their positions. 
      November 26, 2019 7:00 AM MST
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  • 2217
    If you don't mind the Olde English money, You can't do better than Mr Micawber's dictum:

    "Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery."
      November 26, 2019 7:08 AM MST
    1

  • 113301
    Why would I mind such a literary response Malizz? Bring it on m'dear. Yes Mr. Micawber states it full well. And I thank you bigly for recreating it here so all may enjoy. Thank you for your reply and Happy Tuesday Malizz! :)
      November 26, 2019 8:01 AM MST
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