Anyone with even a modicum of busines experience recognizes

Posted on: October 19, 2019 at 13:11:47 CT

that both income and expense items can be treated in various ways and differently. The most basic is cash versus accrual accounting. Tax accounting has numerous differences from financial accounting. Common examples are depreciation methods, whether an expenditure is capitalized and amortized or currently deducted. The bottom line is the fact that financial statements generated for different purposes and/or lenders vrs. government agencies can easily differ. The fact they do is not in and of itself an indication of any wrongdoing.

Once again you are displaying a woeful lack of sophistication.
The bottom line is the fact there are difference