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View Full Version : AOL patent sale in balance sheet


binary0101
May 12, 2012, 02:09 PM
Hi All,

I am trying to understand in accounting and the following is confusing me.

AOL sold around 1 billion to Microsoft. From it's 10-Q report, I see that it is recorded in "Business Acquisitions, Dispositions and Other Significant Transactions (Details) (USD $)"

But where will that cash be recorded? I don't see that billion recorded in the cash?

Could you please help me to understand that?

Regards,
Rajesh.