Re: revenue / as long as we're getting wiki with it
in response to
by
posted on
Nov 25, 2009 07:29PM
http://en.wikipedia.org/wiki/Revenue_recognition
Here is the kind of thing I'm alluding to:
"Revenue from permission to use company’s assets (e.g. interests for using money, rent for using fixed assets, and royalties for using intangible assets) is recognized as time passes or as assets are used."
Best wishes,
John