Attempt if 100% sure... if not sure please skip it... thanks DUMBLIUI these are...
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Attempt if 100% sure... if not sure please skip it... thanks
DUMBLIUI these are distinct performance obligations. Software license is usually sold for $400,000, installation service for recognize revenue given contract price was fully paid by the customer on installation of software on Jan 1, Year 1? Infosoft, a software developer, enters into a contract with a customer to transfer a software license, perform installation, and provide unspecified software updates and technical support (online and telephone) for a 5-year 550.000, software updates for $20,000 per year and technical support for $50,000 per year. How should Infosoft
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