The process and methodology of revenue recognition for development project depend on the type of project. The revenue recognition for sale of condominium units is very different from that for the sale of an office building or apartment building after they are built, for example. It is also different from the revenue recognition of the rental of any office or apartment building. Examples of rental properties include office space, residential apartments, retail shopping centers, warehouses, and hotels. Revenues from the [...]
Archive for Category: "Profit"
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