Use the information here for answering questions 1 to 2 on this page. On 30 September 2019, Lilah Ltd provided a personal coaching service package to Customer Z, consisting of an initial in-person consultation and follow up telephone support (up to 6 hours per month) for a two-year period. Customer Z paid $2,000 upfront for this package on 30 Sept 19 when they had their initial consultation. Lilah Ltd charges $600 for an initial in-person consultation and $100 per month for telephone support (up to 6 hours per month) when these services are sold separately

Q1: Determine how much of the transaction price should be allocated to each of the performance obligations. (4 marks) Type your final answers here in numerals only, rounded to the nearest whole dollar. You must show workings/calculations for Q1 in the textbox following this question.

Initial in-person consultation $

Ongoing telephone support $

You must show your workings/calculations for Q1 in this textbox to support your answers.

Q2: Provide the accounting journal entries to record this transaction in accordance with AASB 15 for the year ended 30 June 2020. (6 marks)