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Goods or services are capable of being distinctif Multiple Choice The seller regularly to the good or service separately A buyer could use the good
Goods or services are capable of being distinctif Multiple Choice The seller regularly to the good or service separately A buyer could use the good or service on its own A buyer could use the good or service in combination with goods or services the buyer could obtain elsewhere These regularly cols the good or cervice separately or the buyer could use the good or service on its own, or the buyer could use the good or service combination with goods of Services the buyer could obtinere Sanjeev enters into a contract offering variable consideration. The contract pays him 51.950/month for six months of continuous consulting services In adamon, there is a dos chance the contract will pay an additional $4,800 and a 20% chance the contract will pay an additional $1200, depending on the outcome of the consulting contract. Saryeo concludes the contract qualities for revenue recognition over time. Assume that Sanjeev estimates variable consideration as the most likely amount. After Sanjeev has recognized revenue for two months of the contract, he changes to assesment of the chance the contract will pay her $5.500 to 60% What adjustment to revenue should Sanjeev recognize to account for that change in estimate Multiple Choice Credit of $1950 Debit of $234 Credit of $234 Debit of $1,950
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