Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Online Education (https://www.askmehelpdesk.com/forumdisplay.php?f=401)
-   -   AOL patent sale in balance sheet (https://www.askmehelpdesk.com/showthread.php?t=659734)

  • May 12, 2012, 02:09 PM
    binary0101
    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?

    Regards,
    Rajesh.

  • All times are GMT -7. The time now is 09:29 AM.