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-   -   Dumb accounting question. Revenue recognition (http://forums.pelicanparts.com/off-topic-discussions/365526-dumb-accounting-question-revenue-recognition.html)

berettafan 09-05-2007 04:44 PM
absent a contract which defines 'paid' as 'book' or 'tax' you would have a tough time proving that you should be paid for cash not rec'd. iow, what the company recognizes is not important.


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