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Re: jag213 post# 53150

Tuesday, 08/14/2018 11:40:06 PM

Tuesday, August 14, 2018 11:40:06 PM

Post# of 58837
Thanks Jag as a lawyer I often do the same. Park has a good point about the terms of the contract. The contract may call for a promise to pay X amount of money upon delivery of Y amount of product on Z date. Or it could call for payment in the future for the benefit of both parties. Deferred income and deferred expenses. But I’m no accountant couldn’t do the math, that’s why I went to law school.

jdjlaw
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