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Re: EarnestDD post# 7044

Thursday, 02/17/2011 9:16:34 AM

Thursday, February 17, 2011 9:16:34 AM

Post# of 55138
WRONG. Compensation was given in 2011 and will be recorded in 2011. Even if proper accrual accounting was used, the true liability and expense would not be recorded until 2011. Basic payroll 101 for beginners knows this.