Question
A company enters into a contract to construct a
specialized asset over 4 years. At the end of Year 2, total costs incurred are ₹60 lakh, estimated total costs are ₹100 lakh, and total contract revenue is ₹130 lakh. Which amount should be recognized as revenue till Year 2 under AS 7?Solution
Revenue recognized = (Costs incurred / Total estimated costs) × Total contract revenue = (60/100) × 130 = ₹78 lakh.
The management of Stem fly- a pest of maize, can be managed by using ______ neem seed kernel extract.
In paddy, the clipping of tip of seedlings is done as a preventive measure against which pest?Â
LEPA is a modification of
Which of the following are non-nutrient compounds found in plant derived food that have biological activity in the body.
What is the main purpose of secondary tillage?
As per the provisions of MMPO, a person/dairy plant needs to be registered with the registering authority appointed by central government if:
Which of the following tree species fixes nitrogen in atmosphere?
The vitamin B deficiency will lead to the accumulation of which of the following metabolites?
EXIM Policy is the export import policy of the government that is announced:
The Modi administration has allocated Rs 450 crore for which among the following?
