Revenue recognition

revenue recognition is dealt by
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Revenue recognition is governed by specific accounting standards depending on the industry. While IND AS 18 generally applies, real estate companies follow AS 7. Other manufacturing businesses adhere to their own distinct policies and hypotheses for recognising revenue.

Revenue recognition is dealt  with  IND AS 18 

Different companies carrying on different types of business recognize revenue differently.
But real estate companies is governed by As7.
All other manufacturing companies are governed by different policies snd hypothesis.

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