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On 1 st July 2 0 2 3 , LizardCom Co provides a bundled - service package to E . Aardvark for $ 1 2
On st July LizardCom Co provides a bundledservice package to E Aardvark for $ upfront. The service package includes:
Upfront advice
Database access for a year period
If each service was sold separately to E Aardvark the fees would be:
Upfront advice $
Database access $
Using the relative fair value approach, the amount of revenue recognised by LizardCom in relation to the database access over the financial year ended th June is rounded to the nearest whole dollar:
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