Answer / tari

Hi

Deferred income refers to suspension of revenue already receivable but has not yet met all the conditions for revenue recognition in that specific period as per IFRS 15 e.g. may be proceeds received for a sale of inventory but the inventory is yet to be handed over i.e. control is yet to be passed on. Accrued revenue on the other hand refers to anticipated revenue accounted for in the period but has not yet met the criteria for recognition. Accrual of future revenue is actually prohibited by IFRS

could you please tell me what CRR & SLR?

1 Answers   Wipro,

---

What is diffrence between Satutory Liquid Ration and Cash Reserve Ratio?

4 Answers   IIM,

---

What is FDI?

5 Answers  

---

What is TDS ? How its entry will be passed in accounting book ?

2 Answers  

---

What are the criteria for accounting job?

1 Answers  

---

What is difference between Cash Flow and fund flow

1 Answers  

---

as we are working in erp jd edwards in this the company gives advances to their employee for expenses n receives the amount either by cash or receives the same by deducting the salaries wt type of accounting entry will be passed

3 Answers   ATS, L&T,

---

What is meant by partitioning?

1 Answers  

---

If we withdraw cash from OD account, is it contra entry or receipt entry

1 Answers   Zacher Company,

---

What is Contra Voucher 

2 Answers   Government,

---

MEANING OF RED HERRITING

1 Answers  

---

Under which category in the balace sheet will closing stock appear

3 Answers   Banking,

---