Sale Booking as 9

This query is : Resolved 

16 March 2009 What are the pre requisits to comply with AS 9 in case of sale of goods?

I mean what are the things we should have, to book sale in books to comply with as 9?

16 March 2009 Transfer of risk and rewards of property to buyer ,certainty of collection and measurablity of amount are acid test for booking amount under AS-9

17 March 2009 "There is no significant uncertainity to ultimate collection"- Basic Criteria.




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