Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the revenue for the following will be recognized u

The revenue for the following will be recognized upon delivery of the equipment and completion...

50.1K

Verified Solution

Question

Accounting

The revenue for the following will be recognized upon delivery of the equipment and completion of installation.

Please explain why is it considered as asset liability approach under IFRS criteria.

1. delivery of equipment

2. installation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Course Culminating Activity Task 20-01 - Treatable Diseases and Disorders Select a treatable disease or disorder (human...

Biology
Q

In an (AC) RLC circuit, does the what is the order of obstruction? Does the inductor,...

Physics
Q

If you take 1ml of a bacterial sample and add it to 9ml of ster...

Biology
Q

An axon is the relatively long tail like part of a neuron or nerve cell...

Physics
Q

70 60 50 40 30 20 10 10 10 10 20 30 40 50 Luca...

Basic Math
Q

If $15,000.00 is invested at 10% annual simple interest, how long does it take to...

Basic Math
Q

Two dice are rolled What is the probability P sum is 3 OO 11 18...

Statistics
Q

Consider a 400 N weight suspended by two wires as shown in the figure Find...

Calculus
Q

Write a linear two variable equation to represent relationships between quantities from a graph a...

Algebra
Q

L012-3, L012-6] Casey Nelson is a divisional manager for Pigeon Company. His annual pay...

Accounting
Q

What is the last step the the accounting cycle?

Accounting
Q

(CHAPTER 8) Cool Cars Corporation is a public company, and you want to buy a...

Finance