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5-step Model for Revenue Recognition under IFRS 15 + Example + Journal entries

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How to apply 5-step model? This example deals with the typical telecom contract where the customer gets free mobile phone if he signs up for 12-month plan of network services.
Journal entries included!
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*Online IFRS course by Silvia, CPDbox: https://www.cpdbox.com/ifrs-kit/

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#ifrs #IFRS15 #ifrsaccounting
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Johnny Cash
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