In AS 9 Revenue from service transactions is usually recognised as the service is performed either b...........

Accountancy (Phase -I & II) Accounting standards

In AS-9, Revenue from service transactions is usually recognised as the service is performed, either by the...................... or by........................method.

by the proportionate completion method

by the completed service contract method.

either 1 or 2

neither 1 nor 2

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Explanation:

Revenue from service transactions is usually recognised as the service is performed, either by the proportionate completion method or by the completed service contract method.