Fee received by a college in the first year for five years is 10,00,000. It should be

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Fee received by a college in the first year for five years is ₹10,00,000. It should be shown as revenue in the first by which of the following amounts?

(a) ₹2,00,000

(b) ₹10,00,000

(c) ₹8,00,000

(d) ₹None of these

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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