Y8 A mobile company has agreed to promote a particular type of mobile phone handset, the G8. In november 2011 only new customers will receive a G8 handset free of charge when they sign a 2 year contract for the provision of network services which is charged at $15 per month. From December 2021 any further new customers will need to pay $90 fo the G8 handset in addition to the $15 per month service charge. In accordance with IFRS is revenue from contracts with customers, what amount of revenue should be attributed to the sale of a G8 handset in November 2011? 

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To determine the revenue attributed to the sale of a G8 handset in November 2011 we need to consider ... View the full answer