In AS 9 which of below mentioned examples of items are not included within the definition of ldquo r...........

Accountancy (Phase -I & II) Accounting standards

In AS-9, which of below mentioned examples of items are not included within the definition of “revenue” for the purpose of this Standard?

Realised gains resulting from the disposal of, and unrealised gains resulting from the holding of, non-current assets

Unrealised holding gains resulting from the change in value of current assets, and the natural increases in herds and agricultural and forest products

Unrealised gains resulting from the restatement of the carrying amount of an obligation.

all of the above

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Explanation:

Examples of items not included within the definition of “revenue” for the purpose of this Standard are:

Realised gains resulting from the disposal of, and unrealised gains resulting from the holding of, non-current assets e.g. appreciation in the value of fixed assets;
Unrealised holding gains resulting from the change in value of current assets, and the natural increases in herds and agricultural and forest products;
Realised or unrealised gains resulting from changes in foreign exchange rates and adjustments arising on the translation of foreign currency financial statements;
Realised gains resulting from the discharge of an obligation at less than its carrying amount;
Unrealised gains resulting from the restatement of the carrying amount of an obligation.