- This topic has 1 reply, 2 voices, and was last updated 4 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Deposit
Sir if a deposit becomes non-refundable after 75% of completion of a house then can we recognise it as revenue once 75% of construction is done or we have to wait till we pass control of the asset to the customer?
I think you recognise it.
You have an enforceable right to the money for the work that you have completed.
