deferred revenue = amount receiveable, has to be shown as a Liability, yet to be paid for the month. But look at the cash line on the BS. First payment received and booked. Also the CF statement shows actual cash made by SFMI, from the first payment received. On SFMI's books there will be a payable for the second months lease payment.............. and so on
For a startup I only see GREEN. This is a great Financial, in my eyes.
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