Under the [...] method, the seller does not report any profit until the cash amounts paid by the buyer are greater than all the seller’s costs of the property.
cost recovery method
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3.2.2. Installment Sales thod and the cost recovery method . Under the installment method, the portion of the total profit of the sale that is recognized in each period is determined by the percentage of the total sales price for which the seller has received cash. <span>Under the cost recovery method, the seller does not report any profit until the cash amounts paid by the buyer—including principal and interest on any financing from the seller—are greater than all the seller’s costs of the property. Note that the cost recovery method is similar to the revenue recognition method under international standards, described above, when the outcome of a contract cannot be measured reliabl
last interval [days]
repetition number in this series
scheduled repetition interval
last repetition or drill
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