Ivanhoe sells goods to Carla Vista for $490,000, payment due in two instalments the first instalment payable in 18 months, and the second payment due 6 months later The present value of the future payments is $475,000 Ivanhoe would recognize revenue of $ at delivery of $ method will be earned over...

Answer Ivanhoe would recognize revenue of 475000 at the time of sale Of this amount interest revenue ...

Ivanhoe sells goods to Carla Vista for $490,000, payment due in two instalments: the first instalment...

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Intermediate Accounting IFRS Edition

ISBN: 9781118443965

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Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Ivanhoe sells goods to Carla Vista for $490,000, payment due in two instalments: the first instalment...

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Intermediate Accounting IFRS Edition

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