Sir in the question part b i the customer has paid in advance when goods are transferred later so we used the borrowing rate of 5%.
But in case the goods were transferred at start and paid for, i.e. at 300000, after 2 years we will use the 11.8% rate right?
Ask the Tutor ACCA SBR
Tang (Sept/Dec 2015)
No, you use the company's incremental borrowing rate at 5%.
Thanks
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