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 Administrative / General / 6925
6924  |  6926
Subject: 
Re: Stick in the mud...
Newsgroups: 
lugnet.admin.general
Date: 
Tue, 13 Jun 2000 22:48:00 GMT
Viewed: 
811 times
  
In lugnet.admin.general, Kevin Loch writes:
Sounds like a check from Lego Direct to me.  I've never heard of such a
thing as a pseudo-personal spending account.

I saved a photocopy it's clearly not from Lego Direct.  It's from a "LEGO
Systems, Inc. Operating Account," whatever an "Operating Account" is.  To me
it sounds like some kind of special expenses account, but that's speculation.

--Todd



Message has 1 Reply:
  Re: Stick in the mud...
 
(...) An "Operating Account" is the primary checking account that businesses use to deposit receivables and pay vendors. It is also used to pay employee expenses when an expense report is filed. Operating Account funds are also periodically (...) (24 years ago, 13-Jun-00, to lugnet.admin.general)

Message is in Reply To:
  Re: Stick in the mud...
 
(...) That's quite accurate. (...) That part is a bit fuzzy in my mind. The bank draft (check) was not of the regular LEGO type (for instance what they pay employees or freelancers with) but was cut from an "operating account" and printed on a what (...) (24 years ago, 10-Jun-00, to lugnet.admin.general)

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