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Dec 3, 2024
1:29:40pm
cougarfann888 Intervention Needed
What he's saying is they would be booking it as a revenue and an expense.
To the extent they are writing it off it because it was booked as revenue first. So let's say they 100,000 in profit before round ups. But they booked an extra 1,000 in revenue from roundups. They also an extra 1,000 from the donation expense leaving them with 100,000 in profit they had before.
cougarfann888
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cougarfann888
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