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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Pending
Mr mike
Please small example of sale on pending
Not a clue what you mean by a “sale on pending”
Sorry – that’s a new one on me
When I sell goods with condition to make service to buyer for future many years
How can I deal with this
Calculate the cost to you of providing the continuing service. Add on your usual profit margin. Multiply by the number of years. Whatever is left is the revenue, costs and profit to recognise this year.
Is that ok?