QTK quiktrak networks limited

re: provision for bad debt PS.......since MP has NOTHING to do...

  1. 8,265 Posts.
    lightbulb Created with Sketch. 1
    re: provision for bad debt PS.......since MP has NOTHING to do with QTK in any offical capacity....your assertion is moot.

    In fact......it was your assertion NOT mine.

    However.........a company can raise invoices on sales.

    Its when they record them which is more often the issue.

    Unscrupulous companies have in the past used forward sales and recorded them preceding quarters.

    QTK have clearly identified "receivables"

    They are NOT recorded as sales or revenues.

    QTK have acted not only transparently but in accordance with accounting procedures.

    Thanks for shwoing QTK are acting in accordance with its legal requirements.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.