Revenue recognition for real estate industry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2012
how is revenue to be recognized for a real estate company, in constructing and selling flats?
Amol S Joglekar
(Expert)
07 August 2012
The policy decision needs be taken ib consultation with the Board of Directors. Cost plus method, Selling price methos, Booking method... it may differ from company to company.
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