First of of all I would like to thank you for your replies. This week I attended a conference and got to ask the question as well. The replies from corporate lawyers at big firms echoed pretty much what you said. So, once again this is proof that SF is an infinite source of wisdom. I'll be putting in some time in to learn basic accounting techniques so I'll properly understand my future clients; not more and not less.
9/27/08 at 6:56pm