Accounting policy
This query is : Resolved
12 February 2015
what is the accounting policy used to recognize the revenue for service oriented businesses
12 February 2015
Service income is recognized when an unconditional right to receive such income is established.
Service income is recognized when an unconditional right to receive such income is established.
14 February 2015
in service when you have right to receive the income w/o any condition then you can book the income.
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