Interest earned on advance given to contractor for project
This query is : Resolved
15 January 2014
A contractor, who is executing a project, is given interest bearing advance. What should be the treatment of interest earned on such advance?
Would be grateful if some reference to Accounting Standard is available.
Would be grateful if some reference to Accounting Standard is available.
29 January 2014
Can someone give an input to this? Would be great help.
01 August 2024
https://docs.google.com/document/d/1_sgm9YzodqpqNmgecm4-sz_9v3jhscPSUpZYaOwgAfw/edit?usp=sharing
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