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Re: mickeybritt post# 408852

Tuesday, 05/31/2016 7:41:09 AM

Tuesday, May 31, 2016 7:41:09 AM

Post# of 432566
mickeybritt, if the money comes in, it WILL BE ACCOUNTABLE in either 1 of 2 ways:

1. It will be credited to the DEFERRED REVENUE LIABILITY ACCOUNT if all the conditions aren't met

2. It will be credited to INCOME if all conditions are met AND the amount in Deferred Revenue Liability will also be moved to income according to IDCC's revenue recognition guidelines

We all have a right to post our opinions, whether you agree with them or not.



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