Reserving your Model 3

Re:Reserving your Model 3 by beeboop on Monday March 21, 2016 @01:16PM (#11329708)

Almost assuredly it's a liability on their books, meaning they haven't recognized it as an income or asset.

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Re:Reserving your Model 3 by sja on Monday March 21, 2016 @02:38PM (#11330571)

Just a quick technicality note: they would have it on their books as both an asset and a liability. The cash they received would be the asset, and the money owed back as a liability.

Have to keep "assets = liabilities + equity" balanced!

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Re:Reserving your Model 3 by beeboop on Monday March 21, 2016 @08:26PM (#11333456)

Thanks, been a long time since accounting classes.

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