Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Realization concepts of revenue?



Realization concepts of revenue?..

Answer / anupama

realization of revenue means the revenue is said to be
realized when the goods and services are delivered not at
the time when cash is received. for ex: if someone sells
the goods on credit on 1st april 2009 and the cash is
received on 1st aug 2009, we considered the revenue is
realized on 1st of april 2009 not when the cash is received.

Is This Answer Correct ?    7 Yes 4 No

Post New Answer

More Accounting AllOther Interview Questions

As a Finance Manager what is your role in matters of dividend policy. What will be the alternatives and factors that you may consider before finalizing your dividend policy?

1 Answers  


Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

0 Answers  


what is organic profit? and how it is calculated?

0 Answers   Satyam,


what do you mean by debt equity ratio?

17 Answers   Arvind, Capital IQ, Raymond, Su Kam,


what are the questions put-up on interview in the field of finance operations work ?

1 Answers  


what do you mean by contra entry? and where it is used?

34 Answers   Accenture, AXA, L&T,


What exactly balance sheet depicts

1 Answers   Telco,


i would like to know is closing stock appear in trial balance & it appears in which side in trading a/c

12 Answers  


what is the difference between gross profit and net profit?

4 Answers   Convergys,


what is indirect tax?

48 Answers   Capital IQ,


Distinguish capital and revenue expenditure

0 Answers   Genpact,


I gave cash advance of Rs. 70000 to one our enginner at site. He submitted only bills of 69000. Please tell me, how I can write these transaction in the Day book.

12 Answers  


Categories