appropriations aren't counted as liabilities on your balance sheet
Appropriations have no place on the balance sheet, as they are both A) budgetary items and B)
expenses. Expenses go on the Profit/Loss (or Income Statement), for crying out loud.
Seriously, stop trying to figure accounting, it requires at least a high school education to do get just the bookkeeping aspect down.
which is why the total budget is listed as a fraction of the actual total budget including discretionary spending.
Except I didn't show a budget, I showed actual financial statements. You know,
results from a plausible and reasonable budget. There is a comparison between what was the final budget and what actually happened, and they were pretty close, being off by $200k in the positive (more revenues than expenses) but you probably didn't see that.
Also, assets are counted instead of cashflow.
That statement is more stupid than your previous one about balance sheets are a dishonest way to prove a point.
But keep it up, that hole is getting deeper and deeper as you dig. You have even surpassed Lordgrim's level. Congratulations!
You can have billions in assets and still be essentially broke functionally.
Sure, if you only have fixed/tangible assets and receivables, with no cash. But not in this case. How can one be broke when they have $1.5 billion in
cash and only $900 million in
total liabilities? They can pay off everything and still have $600 million in the bank. That's broke to you, isn't it?
You're being obtuse and throwing numbers and terms out rapid fire. I'm sure that works with some people, I could spout a ton of techno-babble to just overload someone with BS, but it doesn't work on me.
So, here's your chance to prove me wrong. Tell us in accounting terms where I am wrong. Go ahead, we can wait 6 years for you to get an accounting degree just so you can agree with me.
An education is not a bad thing, believe it or not. You should try it some time.
You know you're being dishonest with a balance sheet, even if you won't admit it.
You have yet to prove any dishonesty. All you have done is put together random words together and hoped that they are right.
Let me ask you this, does the account "Sales" go on the balance sheet?