As many commenters have noted, there is a case for Jesse repaying himself. Heisenberg Enterprises is a business. That business is jointly owned by Walt, Jesse, and Mike, with each of the partners enjoying an equal share in the enterprise. It?s a pure pass-through entity, with all profits immediately disbursed to the owners. So the way you do things is first you account for all expenses?including the repayment of debts?and then you distribute the profits. The fact that the debt is owed to one of the partners in the firm is a bit unusual, but doesn?t change the fact that it?s the firm?s debt and not a personal expense of Walt and Mike. What introduces the confusion is that for some reason Mike divvies up the gross revenue into thirds before he starts deducting expenses. That makes the scene more dramatic, but it doesn?t reflect the underlying accounting very well. Of course this raises the question of why Jesse agreed to make an interest-free loan, but as we?ve seen time and again, he?s more interested in camaraderie than profits.
Source: http://feeds.slate.com/click.phdo?i=30d3314abf85e7cafbbe8ed15b0ac59e
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