CD Tugas Akhir
Perlakuan Akuntansi Pendapatan Dan Beban Pada PT. Wandra Cipta Pekanbaru
The main purpose of a company that was established to make a profit by increasing revenue and emphasizing the burden and the costs incurred for the progress of the company in the future. The information contained in the statement of income includes revenues, expenses, gains, and losses to help the users to evaluate past performance and provides feedback on the achievement of certain levels of cash flow in the future.
This study aimed to determine whether the recognition of revenue and expenses adopted by the company in accordance with accounting principles generally accepted.
PT. Wandra Cipta is a company engaged in the construction and service contracts. The Company recognizes revenue earned by using the basic accrual method, where the recognition of revenue is recognized when the transaction occurs. The Company considers deposits received at the beginning of the project as a reduction of accounts receivable project. This is not in accordance with accounting principles that are commonly used for its construction contracts.
Keywords: Recognition, Measurement, Revenue and Expenses
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