Discuss when the following organisations are likely to recognise revenue. 1. CPA Australia for membership fees. 2.

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Discuss when the following organisations are likely to recognise revenue.

1. CPA Australia for membership fees.

2. The University of New South Wales for student tuition fees.

3. The Melbourne Cricket Ground.

4. An advertising company that produces and arranges for the airing of an advertisement on TV.

5. A retailer of photocopying machines to universities. The cost includes free servicing for two years.

6. A golf manufacturer that provides golf equipment to golf courses for sale. The golf course holds them for six months to try to sell them and if not returns them to the golf manufacturer. The golf courses are not invoiced until they sell the golf clubs.

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Related Book For  answer-question

Financial Accounting An Integrated Approach

ISBN: 9780170349680

6th Edition

Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson

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