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Re: Investorr post# 2045

Wednesday, 08/24/2022 6:58:58 AM

Wednesday, August 24, 2022 6:58:58 AM

Post# of 2219
There will be cash flow to the balance sheet but the revenue has already been recorded.

The transaction will be to debit A/R and credit cash on the balance sheet - collecting a receivable does not hit the income statement.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!