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.