Question
The following information is provided by Telecom Co. on 1 January 20X0 for the sale and maintenance of Telecommunication equipment. pertaining to a transaction. Ignoring
The following information is provided by Telecom Co. on 1 January 20X0 for the sale and maintenance of Telecommunication equipment. pertaining to a transaction.
Ignoring the discount, calculate what would be the revenue figure for the above sale recognized in profit or loss for the year ended 31 December 20X0?
Sale of equipment 100 Maintenance agreement for a four year period 120 Sm 220
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
