IFRS 15Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 15This topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts June 8, 2022 at 12:55 pm #657923 syedmushahidParticipantTopics: 22Replies: 52☆☆Hi StephenCan you please advise how to deal with below Company A SELLS hardware,repair and maintaince and software supportHardware is sold for 3m$ and repair and maintainance for 1M$ and software support only sells occasionally for 0.5M$How revenue will be recognised to below optionsOption 1 Company A can sell hardware and maintainance for 3.5M$ where hardware is the integral to the contractOption 2 Company A sells for 3.7M$ which covers hardware. And maintaince with software supportOption 3 COMPANY A sells for 3.8M$ where harware and maintaince are integral part of the contractPlease advise Kind regards Syed raza June 11, 2022 at 11:13 am #658464 Stephen WidbergKeymasterTopics: 16Replies: 3396☆☆☆☆☆Decide which performance obligations are separate. Then allocate revenue based on standalone selling prices.It may be worth you watching our revenue recognition lecture again.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In