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Root Co sells a package which gives customers a laptop when they sign a two-year contract for provision of broadband services. The laptop has
Root Co sells a package which gives customers a laptop when they sign a two-year contract for provision of broadband services. The laptop has a stand-alone price charge of 300 and the broadband contract is for 40 per month. In accordance with IFRS 15 Revenue from Contracts with Customers, what amount will be recognised as revenue on each package in the first year? Select the correct answer from the options below (Answers to nearest ]: 595 730 780 630
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