Question

$AS-9$ (Revenue recognition) is concerned with the recognition of revenue arising in the course of the ordinary activities of the enterprise from _________.

• A. the sale of goods
• B. the rendering of services
• C. the use by others of enterprise resources yielding interest, royalties and dividends
• D. all of the above

Answer 1

The correct option is D all of the above

Accounting Standard - 9 deals with the Revenue Recognition arising in the course of the ordinary activities of the enterprise from

1. the sale of goods

2. the rendering of services

3. the use by others of enterprise resources yielding interest, royalties and dividends