20 December 2014
company offered to its customer an offer as follows - buying of coupon worth Rs 1000/-, the customer can redeem the same for Rs 1050/- by buying the companies products
20 December 2014
Dear Mr. Shenoy, Revenue need to recognized by Rs. 1,000/- however you need to create provision for expected losses or discount on future sales. The amount of provision will depend upon previous experience and the Judgement of the organization
CAclubindia
