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how to account instalmant sold buildings?

how to account instalmant sales, will i leave it in my balance sheet or not? and when i have to recognise revenue?
if client payments are overdue how have i treat it?

asked Apr 4 in IAS 18 - Revenue by PCH Level 1 Member (2,340 points)

1 Answer

0 votes
you would only recognized building and recognize revenue when all the risks and benefits relating to ownership of building have already been provided to your customer.
answered Apr 4 by veshmalahotra Level 4 Member (9,780 points)