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    binary0101 Posts: 1, Reputation: 1
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    May 12, 2012, 02:09 PM
    AOL patent sale in balance sheet
    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?


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