1PG 1-page limited
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Cash receipts are revenue. Bookings are not. Because any...

  1. SwiftSole
    4 Posts.
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    24/08/16
    09:54
    Post #: 18632478
    Cash receipts are revenue. Bookings are not. Because any sensible person would know in accounting you need to run a bad debt line as well as WIP line in your balance sheet. These lines all attribute risk to your cash receivables and hence actual revenue.
    1PG Price at posting: 26.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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