Revenue Recognition – (SBR Lecture)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Revenue Recognition – (SBR Lecture)This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 26, 2023 at 3:16 pm #692549 simran98ParticipantTopics: 23Replies: 22☆Hi Sir,In your revenue recognition video, the car selling example under determination of transaction price, why are we recognition a receivable of 9070 in T1? Isnt it supposed to be only 432, as we have already recorded 8638.Thank you! September 27, 2023 at 6:52 am #692562 Stephen WidbergKeymasterTopics: 15Replies: 3355☆☆☆☆☆At T0 – Dr Receivable Cr Revenue 8638 At T1 – Dr Receivable Cr Finance income 432So at T1 balance on receivable will be 9070If that’s what you are thinking, we are saying the same thing.🙂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