A company sells goods to a customer for £12,500. The contract stipulates that the customer will pay £2,500 when the goods are delivered (and the customer obtains control of them) and will then pay a further £10,000 three years after delivery. Assuming an effective interest rate of 8% per annum, calculate the amount of revenue which should be recognised at the delivery date.
立即答题
A customer buys three DVDs from a mail order company. These DVDs could have been bought separately and are regarded as distinct. The prices normally charged for the DVDs (if bought separately) are £11, £14 and £15 respectively. But the price charged for the three DVDs if bought together is £30. How should this price be allocated?
立即答题
Laidlow plc is a construction contractor which prepares financial statements to 31 May each year. The following information relates to a contract with a customer which began during the year to 31 May 2020 and which was still in progress on that date:
立即答题
A company enters into a contract to build a house for a customer and determines that this is a single performance obligation. The customer pays a non-refundable 5% deposit at contract inception. The balance of the contract price is payable when the building work is finished and the customer takes possession of the house. Is this performance obligation satisfied over time or satisfied at a point in time?
立即答题
List the four main categories of employee benefits which are identified by international standard IAS19 and give examples of each category.
立即答题
看完解析还是没懂?
扫描二维码
专业研博老师为你解答