Interest revenue should be recognised on a A. Cash basis B. Time proportion basis taking into account
Question:
Interest revenue should be recognised on a
A. Cash basis
B. Time proportion basis taking into account the rate applicable
C. Time proportion basis taking into account the amount outstanding and the rate applicable
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted: