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Ind AS 115

Financial Reporting

Hello Sir, Can you provide an answer for this question?

photo_2024-02-08_17-19-52.jpg

Suresh Avinash

Suresh Avinash

CA Final

2K+

12-Feb-24 18:11

46

Answers (1)

Total estimated Cost = Work certified + Work not certified + Expected Cost = 500 + 105 + 495 = 1100 Expected contract value - 1000 + 5% = 1050 Loss = 50


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

13-Feb-24 12:18

ibs launch
Direct Tax