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Good Day! I can't finish task. ould you please help me? No1 Repro has prepared its draft financial statements for the year ended 30 September

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Good Day! I can't finish task. ould you please help me?

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No1 Repro has prepared its draft financial statements for the year ended 30 September 20X4. It has included the following transactions in revenue at the amounts stated below. Which of these has been correctly included in revenue according to IFRS 15 Revenue from Contracts with Customers? A Agency sales of $250,000 on which Repro is entitled to a commission of 10%. B Sale proceeds of $20,000 for motor vehicles which were no longer required by Repro. C Sales of $150,000 on 30 September 20X4. The amount invoiced to and received from the customer was $180,000, which includes $30,000 for ongoing servicing work to be done by Repro over the next two years. D Sales of $200,000 on 1 October 20X3 to an established customer who (with the agreement of Repro) will make full payment on 30 September 20X5. Repro has a cost of capital of 10% No2 Yling entered into a contract to construct an asset for a customer on 1 January 20X4 which is expected to last 24 months. The agreed price for the contract is $5 million. At 30 September 20X4, the costs incurred on the contract were $1.6 million and the estimated remaining costs to complete were $2.4 million. On 20 September 20X4, Yling received a payment from the customer of $1.8 million which was equal to the full amount billed. Yling calculates contract progress using the output method, on the basis of amount billed compared to the contract price. What amount would be reported as a contract asset in Xling's statement of financial position as at 30 September 20X4? S No3 CN started a three-year contract to build a new university campus on 1 April 20X4. The contract had a fixed price of $90 million. CN will satisfy the performance obligation over time. CN incurred costs to 31 March 20X5 of $77 million and estimated that a further $33 million would need to be spent to complete the contract. CN measures the progress of contracts using work completed compared to contract price. At 31 March 20X5, a surveyor valued the work completed to date at $63 million. Select the correct amounts to be shown in revenue and cost of sales in the statement of profit or loss for the year ended 31 March 20X5? Revenue Cost of sales $63 million $77 million $57 million $83 millionNo4 Locke sells machines, and also offers installation and technical support services. The individual selling prices of each product are shown below. Sale price of goods $75 Installation $30 One year service $45 Locke sold a machine on 1 May 20X1, charging a reduced price of $100, including installation and one year's service. Locke only offers discounts when customers purchase a package of products together. According to IFRS 15 Revenue from Contracts with Customers, how much should Locke record in revenue for the year ended 31 December 20X1? Workings should be rounded to the nearest $. S

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