Re: Please read this post in it's entirety, I don't want ..roses
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Message: Re: Please read this post in it's entirety, I don't want ..roses
1
Apr 09, 2008 05:51PM
"Now if TPL did that would PTSC then recognize money received over 8 years in the current quarter? Of course not. "
As long as all of the rquirements that someone previously posted were met (performance complete, collectible, amount determined) yes, PDS would record that as a receivable, and thus current income.
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