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deposit collected upfront

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › deposit collected upfront

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by treadstone417.
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  • August 27, 2021 at 8:33 am #633113
    akhila.vijay93
    Participant
    • Topics: 41
    • Replies: 43
    • ☆☆

    Dear Sir,
    can we consider the deposit collected upfront in case of a construction contract as variable consideration?

    September 7, 2021 at 8:35 pm #634803
    treadstone417
    Participant
    • Topics: 0
    • Replies: 15
    • ☆

    Good evening

    Do you have liability to return such deposit to your customer?

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