(A) Shown as a deduction from contract work-in-progress on asset side
(B) Shown as a liability
(C) Credited to P&L A/c
(D) Either (a) or (b) above
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(A) Shown as a deduction from contract work-in-progress on asset side
(B) Shown as a liability
(C) Credited to P&L A/c
(D) Either (a) or (b) above