Revenue recoginition
This query is : Resolved
chillakuru chaitanya
(Querist)
24 October 2012
how to recongise the income in case of preference and equity dividend.please explain with examples
CA Subin VR
(Expert)
24 October 2012
When the Dividend is declared by the Company.
Eg: Dividend for the FY 2011-12 is declared on May 5, 2012 ; In that case Dividend can be recoganised in FY 2012-13 not in the FY 2011-12.
Eg: Dividend for the FY 2011-12 is declared on May 5, 2012 ; In that case Dividend can be recoganised in FY 2012-13 not in the FY 2011-12.
SANYAM ARORA
(Expert)
25 October 2012
Agreed with the reply
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