Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
adastra22
on March 31, 2022
|
parent
|
context
|
favorite
| on:
Britain being forced to go cashless 'against its w...
Costs are deducted though, so it is only 30% of the profits.
f7ebc20c97
on March 31, 2022
[–]
Technically everything is a cost, though, right?
adastra22
on March 31, 2022
|
parent
[–]
These things are precisely defined in accounting terms though. Whatever you bartered away had a cost basis, and whatever you got in exchange has a fair market value. The difference is income.
f7ebc20c97
on March 31, 2022
|
root
|
parent
[–]
What if you live in a closed bartering community of abstract economic business entities and everything is a cost basis for something else?
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
