Recognition of Revenue on Advertising Service

Abstract

NSJ (Pvt) Ltd is a Limited liability company which provides the services of printing, publishing, packing and as well as marketing solutions. Company cooperates with different types of industries such as medical, IT & telecommunication, apparel and digital media. NSJ (Pvt) Ltd publishes two monthly magazines in collaboration with a major IT firm and Medical Association. In respect of company’s advertising services in its magazine publications, Company offers three months, six months and twelve months advertising packages, for which company enters into agreements with its customers who wish to get their advertisements published in the company’s monthly magazines, wherein Company agrees to repeat customers’ advertisements over the period as specified in the agreement.