Register now or log in to join your professional community.
Ascertain the amount of current revenue realized for the year endingst
December
(i) An order, to supply goods for Rs.,, is received in the year.
The goods have been supplied only for Rs.,, in.
(ii) What will be the revenue (i) if the payment of Rs.6,, is received
in cash in and the balance payment of Rs.4,, received in
.
(iii) What will be the revenue if the goods have been sold on credit and
the payment of Rs. is received in the year, while all the
goods of Rs.,, are supplied in the year.
(iv) What will be the revenue if an advance payment of Rs., is
received in the year and the balance received in the year.