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A store is selling this products on bundle. The term of payment is 15,000 on the date of purchase and the remaining balance will be
A store is selling this products on bundle. The term of payment is 15,000 on the date of purchase and the remaining balance will be paid equally for 12 months. A contract from home credit was signed afterwards. Based on the information above, will you use PFRS 15 to recognize the profit on this sale?
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
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