As 9 (Revenue recognition)

Accountancy

Please elaborate subscription revenue recognition w.r.t goods....with an eg is appreciated

Bhavya Kumar

CA Final

★ 7K+

02-May-23 00:43

586

Answers (2)

Best Answer

say you take a subscription of milk delivery for 2 months. The first month you take 1 litre per day. Second month 2 litre per day. Total amount paid is 3000. First-month revenue 1000 Second month revenue 2000

CA Suraj Lakhotia

Admin

02-May-23 11:18

CA Suraj Lakhotia Admin

👍

Thread Starter

Bhavya Kumar

CA Final

★ 7K+

02-May-23 12:28