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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › motor vehicles
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
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.
