Recognition of work in progress
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 July 2010
My company is a contractor, so I would like to know the recognition proced. of work in progress in balancesheet.
26 July 2010
As details are not available i will suggest you to go through AS - 7 which is related to accounting for contractors
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