accordance with IFRS 15,  customer loyalty awards on the goods or services sold, the transaction price received or receivable by the entity must be      allocated between the goods or services sold and the customer loyalty awards redeemable in the future partly as revenue and partly

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In accordance with IFRS 15,  customer loyalty awards on the goods or services sold, the transaction price received or receivable by the entity must be 
 
 
allocated between the goods or services sold and the customer loyalty awards redeemable in the future partly as revenue and partly as a liability. 
must be recognized in full as a liability.
must be recognized in full as revenue.
must be recognized in full as an expense.
 
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