Mountain Tours Ltd is a responsible tourist business that operates in the Blue Mountains area. Mountain Tours offers an annual membership at a price of $5,000. After a customer pays an up-front cash payment of the annual membership fee, the customer will be entitled to twenty (20) abseiling tours for 12 months, five (5) wildlife and river cruise tours for 12 months and five (5) scenic world all inclusive tours for 12 months. The standalone prices of these services are listed below. Service Price Twenty (20) abseiling tours $150 per person Five (5) wildlife and river cruise tours $500 person Five (5) scenic world all-inclusive tours $300 person Mountain Tours is a reporting entity, has adopted AASB15: Revenue from contracts