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'In the red' means a negative value or below zero. If you were using the overdraft on your bank account you would be operating 'in the red'.
'In the black' is the opposite to this - above zero.
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Do black people only shop on black Friday?
No. That name has to do with accounting terms. If a shop is in the "red," it is in debt, but if it is in the "black," it is making profit. So that is the day that most major retailers start making profits during the fiscal year.
What does In the Black mean?
It is a banking term meaning that you are in credit. Traditionally, when accountants and bankers did the books (ie the accounts) of a customer they wrote positive credits in black and debts in red. Hence the terms in the black and in the red.
What is yellow and black with red spots?
an embarassed black mamba with a slight fever, accounting for his yellowish appearance.
Where does the phrase in the black red originate?
'In the black' and 'in the red' originate from classic accounting. Credits are entered in the journal in black ink, and debits are entered in red ink. After they are all totalled together, you are making a profit if your total is 'in the black'. If, however, the total is 'in the red', you are operating at a loss.
In Excel the Accounting style shows negative numbers in?
In the Accounting style, the numbers are in black when negative, compared to having the option of having them red in Currency when they are negative.
What does red symbolizes in business?
dead people and blood ba dluck for businesses. In accounting terms, to be in the red is to have more expenses than income, which is not a good position.
The origin of in the Black?
In some accounting methods, a monetary loss was recorded in RED ink- so when you made more money that you owed, you stopped recording numbers in red in, and were "in the black" ink.
Red and black spotted coy fish mean what?
they are red and black and spotted
Are there such things as a mixed red and black wolves?
you mean red and black wolves, and yes, they can mix.
Do African-Americans come out to play on Black Friday?
No, no more than other people. The name came from accounting terminology. Debts, deductions, and deficits are written in red ink. Profits are written in black ink. So the major department stores went out of the red and into the black by that Friday. After that day, the stores are typically earning profits. So it is called Black Friday because of accounting jargon, not race.
What do the colors green red and black mean to black people?
Green is for the earth. Red is for the blood shed. Black is for the people.Answer:The African Flag.It means red, green, and black?
What is meant when it is said that a company is operating 'in the black'?
A positive cash balance is shown in black ink on the accounting books. Negative cash balance is shown in red. Companies are in the black when they are making money.
