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Post# of 249246
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hnstabe

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hnstabe

Re: LFAWG post# 101010

Thursday, 11/10/2005 2:13:59 PM

Thursday, November 10, 2005 2:13:59 PM

Post# of 249246
thanks for the explanation of A/R and A/P. I keep forgetging what little I know about accounting. Would you be kind enough to explain for me Wave's (Finneys)numbers. Revenue=$335,000 and A/R=$416,000. How can Revenue be less than A/R? Then, he also said there was $512,000 deferred. How does that come about? thanks, I hope this is not too painful to either of us.
hnstabe
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