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My question is why is Revenue equivalent to the work certified and not recognized on the percentage completion? I hope you understand what I am trying to say I'll go through the video again. Thank you
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Accounting Standards Lectures
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ruclips.net/p/PLr0o467TparXJe7a9Kmh7XIkWCaFdRECO
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ruclips.net/p/PLr0o467TparUVByDsBSUzp4gz7FY-ZCiX
Financial Reporting / Corporate Reporting
ruclips.net/p/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx
Strategic Case Study
ruclips.net/p/PLr0o467TparWm9hiAwhsmgzG1deg3ZjWk
Hello, kindly explain why we didn't recognise revenue based on the 70% completion = I got 45000 x 70% which is 31500
On the first question
Watch the video well, that was explained. Thank you
My question is why is Revenue equivalent to the work certified and not recognized on the percentage completion? I hope you understand what I am trying to say
I'll go through the video again. Thank you