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Revenue from contracts

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Revenue from contracts

  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by dineise18.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • June 20, 2018 at 4:01 pm #459481
    dineise18
    Member
    • Topics: 8
    • Replies: 7
    • ☆

    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.

    June 21, 2018 at 9:15 am #459577
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    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

    June 23, 2018 at 7:34 am #459771
    dineise18
    Member
    • Topics: 8
    • Replies: 7
    • ☆

    Ok i could imagine that.

    Thank you

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Revenue from contracts’ is closed to new replies.

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