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donkschmonk

03/31/15 10:52 AM

#21609 RE: vl39 #21607

If I may politely correct you here: accounts receivable are accrued when delivery is made with payment outstanding (GAAP, so called accrual accounting)

The good thing is this will, as people pay for the services they already received, replenish our cash position, again, which is why they mentioned it... :-)