Questions & Answer

Its balance reflects the total profit or the total loss

Time of recognition of revenue or expense .........

The sales tax payer in any of the three stages is the buyer ...

First: the cost of the asset

Explanatory Guide issued by the Egyptian Tax Authority of the Ministry of Finance on the activity of contracting

Are JV by which the balances of certain accounts are adjusted,

The financial transactions carried out by the entity that are recorded in the books are divided into the following sections:

Real estate investment does not differ from the operating activity of others (contracting) ............

Investments Main activity

Expenses paid during the current period but ……………

Revenues received, revenues for the period .....

Amount of decrease in Book value ..................

Revenue Expenses: These are the expenses paid by the establishment and the benefit of the establishment ..........................

Income Statement, Cash Flow Statement

Construction projects are submitted in tenders after the projects are awarded to the general contractor. Roles begin to be distributed to the parties within the contracting company

Income generated by an enterprise from its business activity. Revenue usually results from the sale of goods or services to buyers

These are long-term projects that have not been completed during the financial period

Provision: is a burden on the revenue to face a certain financial loss limit .........

The period used for the purpose of preparing the financial statements

Cash flows from operating, financing and investment activities are shown