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You saw a T-shirt which costs $97. You don't have any money, so you borrowed from your parents $50 each. Your parents agreed and you make sure that you'll pay as soon as you have the money. So now you have $100. You bought the T-shirt for $97 and you have $3 as exchange. You paid your parents $1 each so your credit to them will be deducted by $1. Therefore it will be $49 each. And you still have $1.

$49(your credit to your father) + $49(to your mother)= $98 + $1(the one left to you)= $99

Where's the $1 to get $100?

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Ok maybe i'm missing something here but:

You Owe: dad R50 + mum R50 - R2 = R98

You have: R50 from dad + R50 from mum - R2 = R98

What you have = what you owe...

what's the prob?

<_<

The problem is, you bought a tshirt for $97 and your parents were dumb enough to loan you the money for it!

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You saw a T-shirt which costs $97. You don't have any money, so you borrowed from your parents $50 each. Your parents agreed and you make sure that you'll pay as soon as you have the money. So now you have $100. You bought the T-shirt for $97 and you have $3 as exchange. You paid your parents $1 each so your credit to them will be deducted by $1. Therefore it will be $49 each. And you still have $1.

$49(your credit to your father) + $49(to your mother)= $98 + $1(the one left to you)= $99

Where's the $1 to get $100?

Yeah, that calculation is bass-ackwards. <_<

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$100 - $97 (apparently no sales tax) = $3 change

$1 paid each to mom and dad = $1 in my pocket.

Current Assets Current Liabilities

$97 shirt $49 debt to Mom

$1 $49 debt to Dad

____________ ________________

$98 $98

The other dollar? I'm wearing it with a big kawaii hibiscus print.

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