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company A applies IFRS 15 when accounting for revenue from contracts with its customers . after establishing it has an obligation to provide goods to
company A applies IFRS 15 when accounting for revenue from contracts with its customers . after establishing it has an obligation to provide goods to customers, what is the next stage of the revenue process for the company ?
- determine the transaction price
- identity the performance obligation in the contract
- recognize revenue when the entity satisfies a performance obligation
- allocate the transaction price to the performance obligation in the contract
- identify the contract with a customer
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