Question
A construction company signs a ₹50 crore contract for
building a bridge over 5 years. It recognizes revenue based on the percentage-of-completion method. At the end of Year 2, 40% work is complete. What is the revenue to be recognized?Solution
Under Ind AS 115, revenue = % completed × Contract Value = 40% × ₹50 crore = ₹20 crore.
Hindu Religious Endowments Act was passed for the first time by the Government of
Which of the following statements is INCORRECT in the context of the Constituent Assembly of India?
___________ is the oldest city of Himachal Pradesh?
According to National Family Health Survey 5, which of the following states has the highest percentage of employed women?
Who was the first Chief Justice of Independent India?
The minister agreed to acsept our invitation for the fashion show.
In how many broad belts are the minerals in India generally concentrated?
Bhadla Solar Park is located at -
Central Arid Zone Research Institute is situated in -
Which part of the atom emits the radioactive radiation?
