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Instalation projects (Air conditioner )

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(Querist)
11 June 2008 hi
Can anybody suggest the accounting policy/treatment for projects of “AC sales installation “ , where 75% is material value and 25% for installation.
One project will take 1-2 years to complete

Regards

sudheesh
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nilesh gupta

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nilesh gupta (Expert)
12 June 2008 can be accounted for as a work contract

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