Advanced AccountingMCQQuestion 5956 of 302
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5. What is the amount to be recognized as Revenue as per AS 9 in the books of Kay Ltd. as on 31 March, 2024?

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — ₹ 23,50,000

All Options:

  • A₹ 23,50,000 ✓
  • B₹ 1,50,000
  • C₹ 23,00,000
  • D₹ 1,00,000

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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