Anna enters into contract offering variable consideration. The contract pay are 1400 a month for...
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Accounting
Anna enters into contract offering variable consideration. The contract pay are a month for six months of consistent consulting service. In addition theres a chance the contract will pay an addition chance the contract will pay in addition depending on the outcome of consulting contract and concludes that this contract qualifies for revenue recognition overtime, assuming that Annas recognition variable consideration as the most likely amount after Anna has recognized revenue for two months of the contract, she changes her assessments of the chance the contract will pay her to adjustment to revenue and recognize to account for changing estimate
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