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Revenue Recognition

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shakuntala chhangani (FCA Course co-ordinator WIRC coaching centre)   (2525 Points)
Replied 12 July 2010

Hi Dharamraju, as per AS 9 in case of services, completed service method is used. there is no logic in using proportionate completion method. the later is used only in case of continuous services.

Regards, CA Shakuntala Chhangani



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