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Can this be correct, mega Coop borrows $1,509,895,890.42
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sand85
Posted 10/30/2023 18:24 (#10462790 - in reply to #10462649)
Subject: RE: Can this be correct, mega Coop borrows $1,509,895,890.42


C IL

Accounting was a while ago but I think customer prepay $ is considered a liability on the balance sheet because it is offset by either cash on hand or inventories (seed, Chem, fert) not yet delivered or applied.

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