We have to think about how an Account Receivable o
Post# of 96879
Posted On: 02/17/2016 9:39:09 AM
We have to think about how an Account Receivable of any size, especially 2.4 mil would arise with this company.
They sell either packages for 99.99 or less or they sell movies for about 5.00 one movie at a time. The payments are all CC prior to viewing the movie.
So who owes NTEK 2,400,000 and how did it come about.
My theory starts with the Specials; but the specials money came to NTEK (I think) we do have 4,800,000 of investments now??
Curious. Not bad or mischivious. Just curious.
Are there any accountants out there that can noodle this one?
Paul
They sell either packages for 99.99 or less or they sell movies for about 5.00 one movie at a time. The payments are all CC prior to viewing the movie.
So who owes NTEK 2,400,000 and how did it come about.
My theory starts with the Specials; but the specials money came to NTEK (I think) we do have 4,800,000 of investments now??
Curious. Not bad or mischivious. Just curious.
Are there any accountants out there that can noodle this one?
Paul
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