Anyone familier milestones revenue recogination? EITF08-09?

来源: liveinca 于 2011-01-10 12:27:17 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (656 bytes)

Is that about Deferred Revenue???

For example, B company promising to fund A company $6M for new project

When Contract or agreement signed

Debit: AR

Credit: Deferred Revnue

When project finished 10%

Debit: Reveue

Credit: Deferred Revenue

I tried to google something or actual journal entry about this issue but cannot get much. If anyone of you working in a biotech company, please let me know your experience about this issue, I will appreciated.

 

Thanks a million.

所有跟帖： 

• I think it should be like this even though I do not have direct -MaxMM- ♀ 给 MaxMM 发送悄悄话 MaxMM 的博客首页 (0 bytes) () 01/10/2011 postreply 14:06:25

• You have to meet some criteria before you recognize the revenue. -富婆星- ♀ 给 富婆星 发送悄悄话 富婆星 的博客首页 (0 bytes) () 01/10/2011 postreply 14:28:04

• 回复：Anyone familier milestones revenue recogination? EITF08-09? -luckybaboo- ♂ 给 luckybaboo 发送悄悄话 (220 bytes) () 01/10/2011 postreply 19:28:37

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