The Cutoff Date

Maui Gold pineapple

This Christmas we got a lot of food, mostly fruits, along with candies, cookies, and frozen meats. It's going to be tough adhering to New Year's diet and weight-loss resolutions because these goodies have to be consumed, else they will go to waste.

I'll try to ingest as much as possible this week: if I gain five pounds by December 31st, it will make it easier to lose ten in 2019.

An accounting lesson that applies to more than accounting: inflate the balance sheet by the cutoff date.