Does "it is not to satisfy a liability" mean 'it doesn't satisfy a liability'? Help my reading plz
"Prepaid expenses are the costs of assets acquired in one period and expensed in a future period. Whenever cash is paid, and it is not to satisfy a liability or pay a dividend or return capital to owners, it mus be determined whether or not the payment creates future benefits or whether the payment benefits only the current period. "
It's my gut feeling that "it is not to satisfy..." doesn't mean 'it is in order not to satisfy....'
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Does "it is not to satisfy a liability" mean 'it doesn't satisfy a liability'? Help my reading plz
"Prepaid expenses are the costs of assets acquired in one period and expensed in a future period. Whenever cash is paid, and it is not to satisfy a liability or pay a dividend or return capital to owners, it must be determined whether or not the payment creates future benefits or whether the payment benefits only the current period. "
It's my gut feeling that "it is not to satisfy..." doesn't mean 'it is in order not to satisfy....'
Answer: That's right! You are completely correct in your assumption. 잘했어요! :)
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