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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. |
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