Posted by Kevin on February 19, 2002 at 12:28:21:
Check your email. I sent you that sites and information we spoke of earlier.
On this other issue, I am assuming you are not including any fix up costs or other expenses such as additional lot rent as your basis for the Costs of Goods Sold, so why could we not just include the other $1000 as a variable expense on our income statement and leave COGS at $3500?
I might be confusing a simple accounting issue with what is reported to the State. Nevertheless, I think we beat this issue to a pulp.
Thanks for the input and, if you can, please send me your white paper on the accounting for the sale of the mobile…
Once again, thanks for spending some time with us the other night. We closed on the deal and our buyer is very happy with the purchase…
Talk with you soon and BTW, Heineken’s for everyone!!!