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accounting method for real estate business

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2010 I would like to know that how can the accounts be maintain by a enterprises involved in real estate business(construct complexs and sold them).Hows revenue recognised and how the unsold part of complex will be treated in books of accounts.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
27 September 2010 visit this link
www.caalley.com/gn/GN_realestate%20developers.pdf

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