Sir, Are you agreeing with me? YMS On Wed, May 27, 2026 at 8:37 AM Rajaram Krishnamurthy <[email protected]> wrote:
> > > [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> >> . >> > -- *Mar* -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. 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