Easy Office
LCI Learning

revenue recogniztion

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 June 2009 when revenue should be recognized when at the time of delivery we hav the information that customer bankrupt .
Profile Image

vinod kumar lalwani

Profile Image

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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links