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      Question

      The bases of recognition of interest, dividend and

      rentals earned on investments are covered under which among the following AS?
      A AS тАУ 104 Correct Answer Incorrect Answer
      B AS тАУ 13 Correct Answer Incorrect Answer
      C AS тАУ 40 Correct Answer Incorrect Answer
      D AS тАУ 9 Correct Answer Incorrect Answer
      E AS - 109 Correct Answer Incorrect Answer

      Solution

      AS -13 (Accounting for Investments) the bases of recognition of interest, dividend and rentals earned on investments, which are covered by AS 9 on Revenue recognition .

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