nts Flew D Question 19 1 pts LOS Led is an insurance agent and provides insurance advisory services to Mee Ltd. LOS Ltd receives a commission from the insurance company Ibis Led when LOS Led places Mee Ltd's insurance policy with Ibis Led., on 1 April 2023. LOS Led also provides ongoing services to Mee Led until 1 April 2024. Additional amounts are re charged for these services. All amounts are at market rates. When is the above transaction recorded in LOS Led's books? edia Commission revenue for the insurance policy is recognised on 1 April 2023 and revenue for the ongoing services is recognised as those services are provided over the year commencing 1 April 2023. ne Commission expense is recognised on 1 April 2023 and expenses for the ongoing services is recognised as Media those service are provided over the year commencing 1 April 2023. Commission revenue for the insurance policy and revenue for the ongoing services are recognised over the year commencing 1 April 2023. Commission revenue for the insurance policy and revenue for the ongoing services are recognised on 1 April 2023