The Net Loss

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  • The Net Loss by Baybars Charkas
  • Hello, Sheryl. I know the fiscal year is coming to an end. You must be busy. 
  • Good morning, Mr. Reginald. I'm Sheryl, the head of accounting.
  • Well, yes. I wanted to discuss our performance so far, specifically the income statement.
  • Oh God, I hope it's not a net loss. 
  • Fortunately, no.  We have a net income.  However, we have racked up quite a lot of liabilities. 
  • That's  not very good. Can you send me the balance sheet? 
  • Of course. 
  • Sir, there were 4000 financial transactions taken out in your name. Why?
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