1MC 20.0% 0.3¢ morella corporation limited

AJM Speculation, page-282

  1. 3,047 Posts.
    lightbulb Created with Sketch. 1821
    Hi Names

    Can you give an example of a company that has netted off revenue against costs when not in “commercial production”? Or alternatively provide an extract of the (accounting) rule that allows for this?

    I would hope that sales are reported through as revenue rather than negative costs (I haven’t seen this done before). If not in the quarterly in late jan than in the half yearly a month later.

    Thanks mate
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.