Anticipating Recycling Income

When we ship material to reclaimers for processing, we can anticipate that they will pay us something. We should estimate how much they will owe us and record it in Accounts Receivable, much like we record invoices to organizations that drop off monitors and want to be invoiced rather than pay up front.

The major organizations we do business this way are:

• Hallmark Refining Corporation
• Quantum Resources, Inc.