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.
In the Shanghai Masters final, Djokovic ______________by Jannik Sinner in straight sets, a match that highlighted the _____________talent in men's tennis.
I think my friend had a ___________,that I had __________ in search of a hidden __________.
After his promotion, John was _______ with excitement.
I __________ for a new adventure in the United States on the first day of the new year.
I want my son to look up ___________ as a strong, healthy, confident and happy person.
Fill in the blanks with the most apt conjugation from among the options given.
People with sitting jobs_________twice the risk of cardi...
Stop wasting time and _______; just tell me what you want.
People ______ buy our garments always return for ________ because of its feel.
Select the most appropriate option to fill in the blank.
The antique store was filled with a ___________ collection of rare artifacts from arou...
- In each of the following questions, a statement is given with a single blank. Choose the most suitable option which fits the blank in the most meaningful a...
