This is only the difficult accounting question, I am environment here during the bureau perplexing to do the little investigate upon this theme as well as am not means to find it, so I was anticipating which the CPA or someone with accounting believe can help. We have the little payment entrance in which the association is wanting us to systematise as revenue, though we have to find the FASB matter which allows us to do that.
Please assistance me out if we can.
Thanks
Just for clarification, this is an responsibility payment contract, as well as the little of these losses have been disallowed causing the net detriment for the year. Is any some-more report needed?
Thanks