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- April 25, 2020 at 1:57 pm
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.
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