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motor vehicles

This topic has 1 reply, 2 voices, and was last updated 1 month ago by P2-D2.

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February 2, 2023 at 3:44 pm #678149
xyzc
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why would the sale proceeds for motor vehicles which were no longer required by the company not included in revenue. Why are they not included in revenue according to ifrs 15
February 2, 2023 at 8:09 pm #678190
P2-D2
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Revenue is income from the day to day operations of the business. Selling an item of PPE, here the motor vehicle would not be part of the day to day operations.
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