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But in the sale of the gift cards/credits, at a 1:1 exchange rate, your assets would increase as well as your debt, surely?
by freakwit 16y ago
But in the sale of the gift cards/credits, at a 1:1 exchange rate, your assets would increase as well as your debt, surely?
- jws 16y agoSure, at the time of sale. But you will spend/disburse the money you receive in short order and be left with a looming debt on your balance sheet.
- dedward 16y agoExactly.... I actually found Skype's way of handling this to be far more fair and less predatory than most - not only were they generous with the expiration date, but they insisted you only had to log in and place a single call (spend a penny or so) to keep it going another 6 months, or whatever.... it's just keeping dead liabilities from accumulating... and skype was NICE about it, sending me all those notifications.