AS 9
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 December 2010
suppose i displayed a hoarding for my client for period 27th August 2010 to 26th Sept 2010 and i recognized entire revenue on 30th August 2010. Is it right ?
06 December 2010
As per AS 9 revenue can be recognised when there it is accrued and certainty of collection of revenue.
Here u can not recognize revenue for the month of September, 2010 as yet it is not accrued.
Here u can not recognize revenue for the month of September, 2010 as yet it is not accrued.
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