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Ind as 39

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(Querist)
05 April 2012 On 01.03.12 Contract entered @50
02.03.12 Entered Future Forward Contract @ 53
12.03.12 100 % Advance received @ 51
0n 15.03.12 Invoice Raised @ 54

What would be it effect in the books as per AS 39
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CA Parth Shah

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CA Parth Shah (Expert)
05 April 2012 Hi Shruti,
I guess AS 39 covers Insurance Contracts nad here you have not mentioned any cover or Fworard of Insurance Contract.

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