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To: Suresh who wrote (99368)2/15/1999 2:17:00 AM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Suresha You are correct in noting that sales which result in receivables in the current quarter are part of revenues, but you are mistaken in your interpretation. Receivables are not income statement items. It doesn't matter if cash or a receivable is booked.

TTFN,
CTC