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Re: Mophron post# 401285

Friday, 06/14/2024 10:08:40 AM

Friday, June 14, 2024 10:08:40 AM

Post# of 404149
Completely get your concern, but no need to worry.

Set payments would only impact cash flow statements. The profit split we owe Mikah would be booked in that reporting period. This is a foundational accounting principle to ensure revenue and associated expenses are booked together. The timing of the actual payment takes place at some future period hitting cash flow statement, but that’s separate.
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