RE:RE:RE:RE:reading sedarArmchairAnalyst99 wrote: I guess I should quit CPA and look at investopedia on how to record revenue eh. A sale means revenue.
Please have a look at the ocompany's Q2 MD&A and financial resultsw to see what the company says about their treatment of accounts receivables. I looked at and quoted Investopedia to try to understand this whole matter.. It appeas that they received $2.6 for sales and booked another $2.6 million in sales for which they had not yet been paid. I'm not expert in interpreting financial statments , merely trying to undrestand what the company is saying.
The company used similar wording in ther previous quarterly reports regarding acoutns recievables which matches what Investopedia said.