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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 probability of selecting a rotten egg randomly from a basket of 1050 eggs is 0.36. What is the number of rotten eggs in the basket?
A bag contains cards numbered between 33 and 102. If one card is drawn from the bag, the probability that the number on the drawn card is a perfect squa...
The probability of selecting a rotten apple randomly from a heap of 350 apples is 0.18. What is the number of rotten apples in the heap?
...A box contains 6 red balls, 4 blue balls, and 5 green balls. If two balls are drawn at random, what is the probability that one is red and the other is ...
In a bag there are a total of 60 fruits. The average of the number of apples and mangoes in the bag is equal to the number of bananas in the bag. The ra...
Rohan divided a two-digit number by '7', what is the probability that the remainder obtained is a prime number?
If n(A) = 25, n(B) = 40 and n(A ∪ B) = 50, then n(A ∩ B) equals
In a bag contains 4 one rupees coins and 3 five rupees coin. If two coins are drawn at random, find the probability of getting a one rupee coin and a fi...
There are a total of 42 students (boys and girls) in a class. The probability of picking at least one boy when two students are picked from the class is...
Axe speaks truth only when Wye does not speak truth, then what is the probability that Zed does not speak truth on a question?