Can retention sum receivable/payable classified as contract assets or contract liabilities?
Posted: 30 Nov 2022, 08:01
Hi all,
Can retention sum receivable/payable classified as contract assets or contract liabilities? Or lump together into contract assets/liabilities on the presentation of the balance sheet/financial statements?
Can retention sum receivable/payable classified as contract assets or contract liabilities? Or lump together into contract assets/liabilities on the presentation of the balance sheet/financial statements?