Accounting policy

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Ashok Kumar Reddy (Querist)
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12 February 2015 what is the accounting policy used to recognize the revenue for service oriented businesses

Ganeshbabu K (Expert)
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12 February 2015
Service income is recognized when an unconditional right to receive such income is established.

Rupesh Jain (Expert)
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14 February 2015 in service when you have right to receive the income w/o any condition then you can book the income.

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