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Danik0226

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Danik0226

Re: Cats83 post# 18644

Monday, 07/07/2014 10:26:58 AM

Monday, July 07, 2014 10:26:58 AM

Post# of 24848
This isn't correct. In Accrual Accounting they can book revenues when items are delivered or services are rendered. There has to be a reasonable expectation of payment. I wonder if they actually shipped $2.7 million in topical pain medications. They could have been backlogged and didn't have the means to meet all the orders in June.
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