02-03-2009, 04:31 PM
as per my understanding, Venturer A `other than from JV` can only book revenue upto extend of other venturer interest.
Venturer A sale to JV is 20M and A has interest holding is 45%, so He can recognize income upto 55%.
Please comments
Regards
Tariq
Venturer A sale to JV is 20M and A has interest holding is 45%, so He can recognize income upto 55%.
Please comments
Regards
Tariq