BRN 2.44% 20.0¢ brainchip holdings ltd

Ann: Appendix 4C and Quarterly Activities Report, page-34

  1. 1,407 Posts.
    lightbulb Created with Sketch. 90
    An Accounting term I have always used and that is “ a sale is not a sale until the money is in the bank”.
    Well the money isn’t in the bank even though Megachips has supposedly signed for $2 million.
    Lets hope they aren’t a bad debt, the good point is there is no provision for doubtful debts.
    The least Shaun ( the sheep ) should say the money is on it’s way.
 
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