ITC impress energy limited

I would expect that it is oil sales where we haven;t been paid...

  1. 5,929 Posts.
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    I would expect that it is oil sales where we haven;t been paid but is reflected in the income statement.

    The income statement shows gross sales for the period whether we have got the money or not. The balance sheet merely shows cash on hand and what we are owed currently and that is not aged.
 
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