revenue recogniztion
This query is : Resolved
Rajesh Bissa
(Querist)
07 June 2009
when revenue should be recognized when at the time of delivery we hav the information that customer bankrupt .
vinod kumar lalwani
(Expert)
07 June 2009
as there is uncertainity to receive the revenue so by considering the effect of uncertainity as given in para no.9 os AS 9 revenue will be recognised at the time of realisaton.
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