SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The Learning Company (TLC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: paul richards who wrote (5247)7/29/1998 11:48:00 AM
From: Thomas C. Donald  Read Replies (2) of 6318
 
Paul: The account we're discussing appears to be a RESERVE account. There seems to have been $57,738 in actual returns and allowances (moved from this RESERVE account to AR). In planning for future activities, $67,773 was moved from "costs and expenses" to the RESERVE account. As a result of these two sets of entries in the books, RESERVES for "returns and doubtful accounts" were increased from $15,191K to $29,226.

You seem to have understood the financial statement differently. If you were wrong in your interpretation of the data, that may be the basis of the questionable contentions about TLC's accounting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News