CA Inter doubt
Where can I find notes on AS 9 Revenue Recognition for CA Inter Advanced Accounting?
AS 9 Revenue Recognition notes
AS 9 Revenue Recognition notes
Asked by Aman··1 answer
CA Inter doubt
AS 9 Revenue Recognition notes
AS 9 Revenue Recognition notes
Asked by Aman··1 answer
BrunoAI answerAI first answer — verify with your teacher
Sure! You can find AS 9 Revenue Recognition notes by searching "AS 9" in the app's Notes tab. The related notes listed below cover it well, including quick revision notes, board notes by Aakash Kandoi and a summary under CH-8 Revenue Based Accounting Standards. Once you've gone through them, feel free to post any specific AS 9 doubt here.
Interest is recognised on a time proportion basis, taking into account the amount outstanding and the applicable rate.
Dividends are recognised when the owner's right to receive payment is established.
A separate provision is made for the uncertainty rather than adjusting the revenue originally recorded.
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