Clamusic Co

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April 25, 2020 at 1:57 pm #569207
toushiga
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Sir, for PYQ Sep/Dec 2019 Q3 (a)(i) Clamusic Co Share

1. Is it for Clamusic Co is share-based payment and for Digiware Co is a financial asset(equity instrument) for the shares issued by the Clamusic Co to Digiware Co?

2, and the double-entry of Digiware Co will be DR Financial asset CR revenue? as part of the revenue will be recognised over the period, therefore some will be deferred revenue?

Thank you.
April 26, 2020 at 1:57 pm #569283
Stephen Widberg
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Agree with both of your statements. Don’t forget to watch my debrief of that exam!
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