Question
On 1 March 2023 a product was sold to a customer for R39675 on credit. The amount is payable on 28 February 2025. Assume the
On 1 March 2023 a product was sold to a customer for R39675 on credit. The amount is payable on 28 February 2025. Assume the financing component is significant and the relevant discount rate is 15% per annum. What is the amount that will be recognised as revenue on 1 March 2023
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Internal Control Anti Fraud Program Design For The Small Business
Authors: Steve Dawson
1st Edition
1119065070, 978-1119065074
