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Please help me .. Please help me... (b) The followings are the stand-alone price of each products: Selling price of air-condition RM 1,000 Installation RM
Please help me .. Please help me...
(b) The followings are the stand-alone price of each products: Selling price of air-condition RM 1,000 Installation RM 120 One-year service RM 60 Breeze Berhad offers RM1,000 deals if customers purchase all the above products together. Dapur Berhad bought an air-condition on 1 May 2020 from Breeze Berhad, including installation and one year service. Dapur Berhad pays RM1,000 when the contract is signed. The air-condition service will be provided by Breeze Berhad at the end of each months for 12 months. (i) Show how Breeze Berhad should recognized the revenue in accordance with MFRS15 as at 1 May 2020. (7 marks) Determine how much revenue Breeze Berhad should recognise in the year ended 31 December 2020. (3 marks) (ii)Step by Step Solution
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