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Author Topic: [ok] Equity display (Balance Sheet)  (Read 708 times)

Offline ezzeqiel

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[ok] Equity display (Balance Sheet)
« on: February 04, 2014, 12:28:13 AM »
Right now, "net profit / loss" in the income statement doesn't match with the "retained earnings..." in the balance sheet.

That's because the world starts with 200.000 usd of own capital...



It'd be nice to separate those 2 items leaving equity with two lines:

One named "Capital", "Stocks", "Common stocks" (or whatever), with the initial money invested by the owner (200.000 in the case of the last world).

The other remains "retained earnings..." that should match the summation of all "net profit / loss" in the income statement.
« Last Edit: February 15, 2014, 06:17:12 PM by sami »

Offline Sami

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Re: Equity display (Balance Sheet)
« Reply #1 on: February 12, 2014, 12:33:36 AM »
This was talked in the final development phases but I left it out as I thought it was such a minor thing after all, and mainly related when a world starts.

Offline ezzeqiel

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Re: Equity display (Balance Sheet)
« Reply #2 on: February 12, 2014, 01:35:55 AM »
I'd say IFRS and SEC wouldn't agree on this being a minor thing, but I guess most people (including me) are here to buy and schedule planes, and not to see state of the art accounting, so...

Offline CUR$E - God of AirwaySim

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Re: Equity display (Balance Sheet)
« Reply #3 on: February 12, 2014, 07:18:20 AM »
I'd say IFRS and SEC wouldn't agree on this being a minor thing, but I guess most people (including me) are here to buy and schedule planes, and not to see state of the art accounting, so...



Not? My University decided to give away credits for those who read and understood the AWS manual page to accounting.

:D

Offline Sami

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Re: [ok] Equity display (Balance Sheet)
« Reply #4 on: February 15, 2014, 07:19:40 PM »
added, new airlines only

 

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