Hello Teacher,
On out notes example 4 IFRS 15 about Liver Tech, i did not understand about allocation of price obrigation toTechnical support? could you please explain me why we multiply by 540?
I do not know where this value come from. I was expecting multiply by $1600 contract price.
Thanks in advance.
Ask the Tutor ACCA FR
Revenue from contracts
Hi,
Thanks for spotting this, it should read 1,600 and not 540. I've posted a comment on the video and will update the notes.
Thanks
Ok i could imagine that.
Thank you
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