Question
A construction company receives advance from customer,
against the contract of constructing a bridge. But the construction company does not take this to income or sale, due to which of the following concept:ÂSolution
Revenue recognition of services depends as the service is performed. This is further divided into two ways: (a) Proportionate Completion Method: This method of accounting recognizes revenue in the statement of profit & loss proportionately with the degree of completion of each service. Here the service completion consists of the execution of more than one act. Revenue is recognized with the completion of each such act. (b) Completed Service Contract Method: This method of accounting recognizes revenue in the statement of profit & loss only when the rendering of services under a contract is completed or substantially completed.
This in a State Assembly election(P)/ as a pilot so internal migrants(Q)/ the EC proposed using (R)/within a state can cast their ballots(S).
Rearrange the parts of the sentence in correct order.
The spectacular
P. Indian economy, were largely based on coal
Q. expansio...
1. The government of India has embarked
P. the people to choose their actual
Q. election in Jammu and Kashmir to allow
R. on a cons...
1- Though Mohan prefers watching romantic films, P- so much so that
Q- so he rented the latest spythriller,
R- and to his surprise he enjo...
Which of the following is the fifth sentence after rearrangement?     Â
Creativity flourishes when
P- getting things done
Q- you don’t seek
R- perfection but focus on
1. Before the king could order the execution, the poor bricklayer pleaded.
P. It’s true I built this wall and it was no good.
Q. But...
In India, the latter ceremony developed (A) its origins to the early 1950s when Major Roberts of the Indian Army traces (B) a unique ...
- Parts of a sentence are given below in jumbled order. Select the option that arranges the parts in the correct sequence to form a meaningful sentence.
... Which of the following is the fourth sentence of the passage?