News Focus
News Focus
Followers 37
Posts 6354
Boards Moderated 1
Alias Born 03/12/2012

Re: sctts post# 69062

Friday, 11/22/2024 5:31:07 PM

Friday, November 22, 2024 5:31:07 PM

Post# of 77174
Zero revenue would be if you were on a cash basis of accounting. On the accrual basis, you would record the revenues for the services provided and set up a corresponding receivable for the uncollected cash. If you doubt the collection of those funds , you would then set up a doubtful allowance against the receivable. I believe that is GAAP.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y