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REVENUE RECOGNITIONS

SSHAWN5y ago
sir why is cost of completing a contract whose revene will be recognized over a period of time capitalized and not accounted for in pnl?
P2-D2P2-D2Tutor5y ago#1
We are constructing an asset for the customer, so as it is built then we need to show this in the accounts prior to it being transferred to the customer. Thanks
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