Login

Welcome, Guest. Please login or register.

April 03, 2026, 11:46:55 pm

Author Topic: prepaid sales  (Read 801 times)  Share 

0 Members and 1 Guest are viewing this topic.

sam0001

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 208
  • Respect: 0
prepaid sales
« on: October 19, 2011, 07:48:22 pm »
0
..
« Last Edit: October 22, 2011, 09:51:11 pm by sam0001 »

abzzzz

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 302
  • Respect: +15
  • School: aia
  • School Grad Year: 2011
Re: prepaid sales
« Reply #1 on: October 19, 2011, 08:25:03 pm »
0
Liabilities decrease so i'd asume an outflow?
B4i√U,RU/18QTπ

sam0001

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 208
  • Respect: 0
Re: prepaid sales
« Reply #2 on: October 19, 2011, 08:34:02 pm »
0
mmm, i reckon. it doesnt say anywhere though.

nacho

  • The Thought Police
  • Victorian
  • ATAR Notes Superstar
  • ******
  • Posts: 2602
  • Respect: +418
Re: prepaid sales
« Reply #3 on: October 19, 2011, 08:46:18 pm »
0
when sales is earned, meaning when you've provided the custoemer with the goods?
If so, then its a reduction liability, you have no inflow of cash coming in
OFFICIAL FORUM RULE #1:
TrueTears is my role model so find your own

2012: BCom/BSc @ Monash
[Majors: Finance, Actuarial Studies, Mathematical Statistics]
[Minors: Psychology/ Statistics]

"Baby, it's only micro when it's soft".
-Bill Gates

Upvote me