Table of Contents > Unit 4 > Discussion Unit 4 Discussion Unit 4 Discussion Discussion Overview Topic 1: Abe Technologies provides maintenance service for computers and office equipment companies throughout the Northeast. The sales manager is elated because she closed a $300,000, 3 year maintenance contract on December 29, 2016, two days before the company's year-end Now we will hit this year's net income target for sure,' she crowed The customer is required to pay $100,000 on December 29 (the day the deal was closed). Two more payments of $100,000 each are also required on December 29, 2017 and 2018. Discuss the effect that this event will have on the company's financial statements Start a New Thread Type here to search