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Ind AS 115

Financial Reporting

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

Suresh Avinash

CA Final

★ 3K+

12-Feb-24 18:11

108

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

Admin

13-Feb-24 12:18

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