[Aditya7588]

I meant to ask in IFRS 15, there is a type of consideration called variable consideration, which states that “goods when sold with a right to return fall under variable consideration, and it can be only recorded under variable consideration, when there is no significant chance of reversal of the cumulative revenue recognised”

My doubt was if why is the revenue being recorded on despatch, shouldn’t it be recorded post 7 days, because the customer still holds a right to return the goods, is this right?? if not then what will the right accounting treatment??

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