REVENUE RECOGNITION (Details Narrative) - USD ($) |
9 Months Ended | ||
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Jul. 31, 2021 |
Jul. 31, 2020 |
Oct. 31, 2020 |
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Revenue Recognition | |||
Deferred commissions | $ 0 | $ 3,884 | |
Amortization expense related to deferred commissions | $ 3,884 | $ 98,702 |
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- Definition Deferred sales commissions. No definition available.
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- References No definition available.
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- Definition The amount of expense recognized in the current period for the periodic realization of capitalized fees that were paid to salespeople, distributors, brokers, and agents at the time of the conclusion of the sale. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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