contracts
KD Sai Rock (14 Points)
16 October 2018
which accounting standard deals with contracts other than construction
1 Replies
CA Rakesh Joshi
(Chartered Accountant )
(1272 Points)
Replied 16 October 2018
AS 9 - Revenue Recognition - Explains about the recognition of service income in case of -
a ) Proportionate Completion Method.
b ) Completed Service Contract Method.
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