Oyster Farm Bookkeeping: Why Your 10-Year Aquaculture Lease Is a Balance-Sheet Asset
A 10-year oyster lease books as an ASC 842 right-of-use asset; 12-month grow-out costs track by cohort until harvest.
#balance-sheet
Balance Sheet
Balance sheet preparation, analysis, and understanding assets, liabilities, and equity
Vendor Deposits and Prepaid Supplier Advances: How to Book Cash You Paid Before the Goods Arrive
A vendor deposit is an asset, not an expense: book it to Advances to Suppliers, apply it to the final invoice, and deduct only when IRS timing rules allow.
AutoZone FY2026 Q4 Earnings: $2.57B Profit, $2.50B Deficit
AutoZone earned $2.57B in FY2026 yet ends with a $2.50B stockholders' deficit: $40.5B of buybacks since 1998, and payables fund 111.1% of inventory.
Paychex Q1 FY2027 Earnings: 38% Margin, $4.35B Client Float
Paychex Q1 FY2027 revenue rose 6% to $1.63B and operating margin hit 38.0%, while $4.35B of client payroll funds earned $49.8M of interest.
PDD Holdings Q2 2026 Earnings: Revenue +8%, Profit −12%, RMB 128.5B Merchant Float
PDD's Q2 2026 revenue rose 8% to RMB 112.4B but net income fell 12% on a RMB 7.4B other loss, while RMB 128.5B owed to merchants funds its cash pile.
Rocket Lab Q2 2026 Earnings: Record $234M Revenue, a $2.36B Backlog and $1.9B of New Equity
Rocket Lab's Q2 2026 revenue rose 62% to $234.1M and its net loss narrowed to $49.3M, but $1.87B of new paid-in capital in six months funded the growth.
The Working Capital Adjustment Trap: Why Your Sale Price Can Shrink 90 Days After Closing
A bare-number working capital peg lets the buyer restate your closing sheet under GAAP and bill you the gap — demand symmetric methods in the agreement.
Colombia's One-Time Corporate Wealth Tax: Who Owes It on the March 1, 2026 Net-Equity Snapshot
Colombia's one-time 2026 wealth tax hits companies with March 1 net equity of COP 10.47B+: 0.5% generally, 1.6% for finance and extractives.
Applied Materials FY2026 Q3: Record $9.12B Revenue and the Inventory Ledger Behind AI Capex
Applied Materials posted record Q3 FY2026 revenue of $9.12 billion (+25% YoY), a 50.3% GAAP gross margin, and net income of $2.54 billion (+43%). A double-entry read of the balance-sheet lines that lead the AI equipment cycle — inventory at $6.56 billion and contract liabilities at $3.27 billion, both rising together.
Broadcom Q3 FY2026 Earnings: $29.6B Record Quarter as AI Semiconductors Hit $16.7B
Broadcom's Q3 FY2026 revenue hit $29.591 billion (+86% YoY) and GAAP net income $13.088 billion (+216%), with AI semiconductor revenue of $16.7 billion now 56% of total revenue. A double-entry breakdown of how the AI backlog shows up as $13.7 billion of receivables and $4.5 billion of inventory while free cash flow ran at 46% of revenue.
GameStop FY2026 Q2 Earnings: $298.7M of Net Income on $790M of Sales
GameStop earned $298.7 million of net income on $790.2 million of net sales in FY2026 Q2 — a record $160.2 million of second-quarter operating income, with the rest driven by a $4.9 billion eBay stake and $5.4 billion of cash, marketable securities, and digital assets, reconciled line by line in a public Beancount ledger.
Marvell FY2027 Q2 Earnings: $2.74B Revenue, $308M GAAP vs $866M Non-GAAP
Marvell's Q2 FY2027 (ended August 1, 2026) posted record revenue of $2.739B (+37% YoY) and data-center revenue of $2.172B (+46%), yet GAAP net income of $308M was barely a third of the $866M non-GAAP figure. The $558M gap — $326M stock-based compensation plus $215M acquired-intangible amortization — is reconciled line by line in a public Beancount ledger.