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IND AS 115: Revenue from Contracts with Customers is an Indian Accounting Standard that provides guidance on how to recognize revenue from contracts with customers. It is based on the core principle that revenue should be recognized when it is probable that future economic benefits will flow to the entity and these benefits can be measured reliably. In Accounting Standards: AS 9 ‘Revenue Recognition’ provides guidance on when and how to recognize revenue from a variety of transactions. Rest of the IND AS mentioned in question deals with the following: IND AS 109 Financial Instruments IND AS 101 First time adoption of Indian Accounting standards IND AS 102 Share-based Payment IND AS 16 Property, Plant & Equipment
The current ages of 'Aman' and 'Bhanu' are in the ratio 2:5, respectively. 'y' years ago, the age of 'Bhanu' was twice the age of 'Chinky,' while 'y' ye...
Average of present age of A and C is 29 years and C is 8 years younger than B. Ratio of present age of A to present age of B is 6:5. Find present age of B.
The average age of 26 smdents in a class is 15 years. If teacher's age is included in it, then the average will increase by one. What is the teacher's a...
Six years ago, the ratio of ages of Alok and Ravi was 7:9, respectively. Eight years hence, the ratio of ages of Rohan and Ravi will be 5:6, respectivel...
Arjun is three years senior to Binny, who is twice as old as Chinu. If the average age of Arjun, Binny, and Chinu is 21 years, what is the age differenc...
Sum of the present ages of A, B, C and D is 60 years. After 2 years ratio of their ages is 7:5:3:2. What is C’s present age?
The sum of the ages of a father and his son is 50 years. After 10 years, the father will be four times as old as the son. What are their current ages?
The present ages of A and B are in the ratio 4:5. Sixteen years from now, B's age will be 15% more than A's age at that time. If C's current age is thre...
The ratio of the present ages of Ginni and Binni is 9:2 respectively. Ginni is ‘n’ years older than Binni. If after 5 years, the ratio of the ages o...
Present age of ‘A’ is 40% more than that of ‘B’. If 10 years hence from now, ‘B’ will be 4 years younger than ‘A’, then find the sum of ...