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Jamis1

05/20/19 9:55 AM

#73626 RE: Kurt_Banoffee #73625

That’s the first half. That’s why there’s not $500,000 in revenue.

They clearly say they have not met obligation, therefore you would book it as accounts receivable until obligation was met then transfer it to revenue.

Now, I haven't researched the accounting, but I would thought the second $500k would be booked somewhere as well. I think that is what you're struggling with as well?