if in the revenue inclued a revenue 5m of sales but the customar will satified after 3 years.in this what will be calculation for it?
Ask the Tutor ACCA FR
IFRS 15
10y ago#1Revenue will be recorded at the sale price discounted by three years and then, each year, unrolled. The discount by which it is unrolled will be recorded as finance income
10y ago#2Yes, that's what you will need to do
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