Question: A company sells cloud-based accounting software. A 12-month subscription costs $3,000 payable in advance. If this company reports under IFRS standards, how much revenue will

A company sells cloud-based accounting software. A 12-month subscription costs $3,000 payable in advance. If this company reports under IFRS standards, how much revenue will it recognize for the 4th month of each subscription? A $0 B $250 C $1,000

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