Accountants might like this judgment. The rest of of us may remain baffled. The solution to the case was apparrently as follows:
"An = the stock at the end of week n;
Rn = the receipts during week n;
Pn = the payments during week n;
Dn = the discrepancy for week n (positive for a loss, negative for a gain);
Sn = the algebraic sum (i.e. the sum taking into account the sign, positive or negative) of the discrepancies for all relevant weeks up to and including week n;
then
Rn – Pn - (An – An-1) = Dn = Sn – Sn-1.
i.e.
Rn + An-1 + Sn-1 = Pn + An + Sn."
If you really want to study the case it is at:
Post Office v Lee
"An = the stock at the end of week n;
Rn = the receipts during week n;
Pn = the payments during week n;
Dn = the discrepancy for week n (positive for a loss, negative for a gain);
Sn = the algebraic sum (i.e. the sum taking into account the sign, positive or negative) of the discrepancies for all relevant weeks up to and including week n;
then
Rn – Pn - (An – An-1) = Dn = Sn – Sn-1.
i.e.
Rn + An-1 + Sn-1 = Pn + An + Sn."
If you really want to study the case it is at:
Post Office v Lee
1 comment:
I think the judge was right.
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