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Recognition of revenue AS-9

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1359 Points Joined October 2021
if a company sold a goods of rs 100 (cost) at rs 150( selling price) but the revenue is not recognized due to uncertainty as per AS-9 so does the cost of goods mentioned above (rs 100) will be the part of COGS as the goods were transfer to customer
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On 13 July 2023 at 17:16 Report
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285 Points Joined April 2018
Yes it will be part of COGS in my POV
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On 14 July 2023 at 10:38

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