Wednesday, 31 July 2013

MEANING OF "In the red."

"In the red." Accountants using English/ American accounting methods usually record negative numbers in red ink. To be "in the red" is therefore to have a negative (red ink) number for what would have been profits; that is, a year-on-year loss of money. 

Beneficial information

Shipwreck more tragic than Titanic

Watch video to know: Shipwreck more tragic than Titanic https://youtu.be/7IVaHgxHU20

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