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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (1012253)4/20/2017 3:12:14 PM
From: J_F_Shepard  Read Replies (1) | Respond to of 1573561
 
Do you remember when you simply gave a mindless reply to my question, ie no! What is the purpose of putting those numbers on a bill if they are not used for anything? What is it about your business that determines whether you report net amount of receipts or gross amount including the contract allowances....?..

On an income tax return, properly determined contractual allowances would offset gross receipts. The return may report either a net amount of receipts reduced for contractual allowances or total billed amounts with an offsetting reduction for contractual allowances. The reduction will often appear in returns and allowances.