1034
you are viewing a single comment's thread
view the rest of the comments
[-] droans@lemmy.world 8 points 7 months ago* (last edited 7 months ago)

#2 and 3 don't actually happen since it can't be recorded on the P&L.

The donation would get recorded to cash and offset to a liability account, probably something named Charitable Donations Payable likely with a subaccount for the specific programs.

Overall, the effect is essentially the same, though. Fwiw, I like to use the same comparison as you did to show to people how dumb this belief is.

The individual who donated at the register also is allowed to claim the donation when they file their taxes.

this post was submitted on 28 Apr 2024
1034 points (90.8% liked)

memes

10557 readers
3263 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

Sister communities

founded 2 years ago
MODERATORS