[When your income is my expenditure, at the macro level, there can be no profit or loss. Incomes and Expenditures must be equal. Still every economy is run on the idea of profit making. It is just business tricking or bluffing or destroying nature continuously. Profit simply means looting and destroying nature where you extract from nature without paying the price. Nature is being drained continuously. To fortify the destruction of nature with indifference, the subject economics is modeled after Newtonian Mechanics and machines have no feelings and emotions. Economics has cut human life from the ecological life of nature, on which the whole Biosphere with the foundation of ecological linking chain of life forms is constituted.]-YMji
KR Bookkeeping relies on three foundational formulas that anchor the double-entry accounting system, ensuring all financial records remain accurate and perfectly balanced. 1. The Accounting Equation This is the fundamental bedrock of all bookkeeping. It dictates that everything a business owns must equal the claims against those items by creditors and owners. Core Formula: ASSETS=LIABILITIES +OWNER’S EQUITY Variation 1: : LIABILITIES =ASSETS-OWNER’S EQUITY Variation 2: : OWNER’S EQUITY= ASSETS-LIABILITIES 2. Cost of Goods Sold (COGS) A critical formula for product-based businesses. It calculates the direct costs attributable to the production of the goods sold by a company. COGS=OPENING INVENTORY+PURCHASES-CLOSING INVENTORY 3. Net Income (Profit) TOTAL REVENUE-TOTAL EXPENSES This formula calculates a company's total profitability over a specific accounting period by subtracting all outgoing expenses from all incoming revenues. 3 *Formula Name* *Formula* Profit Revenue − Expenses Gross Profit Revenue − COGS Net Profit Gross Profit − Expenses Revenue Price × Quantity Equity Assets − Liabilities Cash Flow Inflows − Outflows ROI (Profit ÷ Investment) × 100 Break-even Fixed Cost ÷ Contribution The bookkeeping formulas list provides essential knowledge that enables people to handle their financial responsibilities with competence. These formulas help you calculate profit, track expenses, and analyze business performance. 4 NOW, THE AUTHOR ENCOURAGES “SAVVINGS” OR NOT? Where no savings are encouraged -NO PROFIT CAN ALSO BE ENCOURAGED. Suppose the equity is no savings only incoming and outgoing, then how one will get his asset even if it is a ballpoint pen? If one says today expenses alone is income, well then assets will be stolen, damaging nature more than NOW. WHERE THE ECONOMY FIXES THE VALUE, THERE ARE BUYERS AND NON-BUYERS, AFFORD AND CANNOT ,SO WHERE CASH FLOW IS DEAD THERE NEED NOT BE ECONOMY SO ALL BELONGS TO ALL; IF SO “MIGHT WILL BECOME THE RIGHT. So the malaise does not lie on profit but only in the minds of people. Another withdrawal symptom, is neglect, higher profit trades; but do you do?; you do not buy from street corners but only from a mall; why? K RAJARAM IRS 27526 On Wed, 27 May 2026 at 05:04, Markendeya Yeddanapudi < [email protected]> wrote: > > > -- > *Mar* > > Profit-The Apocalyptic Falsehood > > When your income is my expenditure, at the macro level, there can be no > profit or loss. Incomes and Expenditures must be equal. Still every economy > is run on the idea of profit making. It is just business tricking or > bluffing or destroying nature continuously. > > Profit simply means looting and destroying nature where you extract from > nature without paying the price. Nature is being drained continuously. To > fortify the destruction of nature with indifference, the subject economics > is modeled after Newtonian Mechanics and machines have no feelings and > emotions. Economics has cut human life from the ecological life of nature, > on which the whole Biosphere with the foundation of ecological linking > chain of life forms is constituted. > > The world today is facing the Cartesian disaster in perception and > understanding and with the Accountancy disaster of profit falsehood. This > falsehood profit is fortified with the concept of the firm, euphemized as > an autonomous unit, dedicated for making profit, which means that the firm > gets more income or takes more than it gives as expenses. Every firm is > after achieving the optimum size which means that it achieves the lowest > cost of production per unit of output, or simply minimizes what it has to > give but takes more than what it gives. The elaborate explanation > obfuscates the fact that ultimately every firm is in the activity of > bleeding nature continuously. From nature the firm takes more than what it > gives. > > The ecological chain of life forms of the Biosphere is actually the chain > of rapture laden coordination, coordinating the life, death, rebirth, > re-death’s chain of nature. In our education we abandoned all investigation > and contemplation into nature’s basic activity of births, deaths, re-births > and re-deaths cycle where emotions and not mechanics fuel. The subject > matter of ecology is not only the existence links but also emotional > symbiosis. > > Economics has converted the life of every organism of the Biosphere into > hell. The very emotional symbiosis which creates symbiotic and rapture > filled emotional coordination among all life forms is killed. We have > livestocked the Biosphere and we are digging away the lithosphere, for > minerals, destroying the vital ice cover of every mountain range, > destroying the ice cover of Greenland,Antarcatica and every other ice > field. If the Geography is destroyed all the ocean current systems will be > destroyed. It destroys the rainfall system and can trigger the wayward > ocean currents and they can become tsunamis. > > The falsehood, profit has become the license and justification for > destroying nature in many and many ways. The basic faculty of nature as the > fountain of discoveries and revelations has been adulterated by > substituting them with inventions or mechanical manipulations. In every > University new and new inventions are developed, but there is simply no > chance given to nature to give natural discoveries and revelations. The > Universities that excel in creating inventions gets top ranking in the > rat’s race. The top rank is the profit for which every university hankers > after. The research for developing new and new inventions is financed by > the MNCs and also governments which want the most destructive weapons of > war. > > Our very education today has become the continuing disaster. The > mechanical paradigm and the concept of profit are taking us into a > apocalyptic end very fast. > > Can at least one university in the world dare to get itself free from the > stranglehold and takes to ecological symbiosis as the foundation of > education? > > Let us hope that at least one University becomes sane and starts a ‘Free > Nature Park’ without any tampering as the new beginning. > > YM Sarma > > -- > You received this message because you are subscribed to the Google Groups > "Thatha_Patty" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion visit > https://groups.google.com/d/msgid/thatha_patty/CACDCHC%2BBwOLwGLAGuc%2B%3DoNEAOqTMqJnNyJyT3sfwstsnwqJHKw%40mail.gmail.com > <https://groups.google.com/d/msgid/thatha_patty/CACDCHC%2BBwOLwGLAGuc%2B%3DoNEAOqTMqJnNyJyT3sfwstsnwqJHKw%40mail.gmail.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. 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