[GNC] Income statement incorrect [RESOLVED]

Rich Shepard rshepard at appl-ecosys.com
Wed Jul 31 13:12:40 EDT 2019


On Wed, 31 Jul 2019, Derek Atkins wrote:

> This is a question of Cash vs Accrual accounting. The business features
> imply Accrual accounting, so yes, if you have Receivables that *is*
> included in the Income Statement.

I've unposted pending receivables and will no longer post them until the
checks are received.

Thanks for clarifying,

Rich


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