USA Booking Assets

[marino]

Hello,

Thanks for the help. I was wondering how I should book a certain item. My company has ATM Machines and some of them the customers purchase 100% outright and some 50%. If they purchase it outright, my understanding is we should book the revenue and cogs at 100% (like a normal sale). Would this be the correct treatment?

Thanks for the help.

Mike

 

[kirby]

Yup.

 

[marino]

Thank you