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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 – 104 Correct Answer Incorrect Answer
    B AS – 13 Correct Answer Incorrect Answer
    C AS – 40 Correct Answer Incorrect Answer
    D AS – 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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