Question: Part E Question 1 Part E Question 2 Part E Question 3 Part E Question 4 Part E Question Question 1 Anggur Bhd has a

Part E Question 1 Part E Question 2 Part E Question

Part E Question 1 Part E Question 2 Part E Question 3 Part E Question 4 Part E Question Question 1 Anggur Bhd has a financial year end of 31 December 2020. On 1 April 2020, Anggur Bhd sold a machine with a twelve months maintenance service for RM300,000 to a customer. Anggur delivered the machine on 1 April 2020 and customer made payment of RM300,000 upfront. Anggur Bhd usually sells the machine for RM285,000 and the one year maintenance service for RM90,000 individually. Required: Analyse each of the 5 stages of revenue recognition per MFRS 15 Revenue from Contracts with customers to determine how much revenue Anggur Bhd should recognise in the year ended 31 December 2020. (20 marks)

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