eLean is an online fitness community, offering access to workout routines, nutrition advice, and eLean coaches.Customers pay a $50 fee to become registered on the website, and then pay $5 per month for access to all eLeanservices. How many performance obligations exist in the implied contract when a customer registers for theservices?
eLean is an online fitness community, offering access to workout routines, nutrition advice, and eLean coaches.Customers pay a $50 fee to become registered on the website, and then pay $5 per month for access to all eLeanservices. How many performance obligations exist in the implied contract when a customer registers for theservices?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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eLean is an online fitness community, offering access to workout routines, nutrition advice, and eLean coaches.
Customers pay a $50 fee to become registered on the website, and then pay $5 per month for access to all eLean
services. How many performance obligations exist in the implied contract when a customer registers for the
services?
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