Repro, a company which sells photocopying equipment, has prepared its draft financial statements for the year ended 30 September 20X4. It has included the following transactions in revenue at the stated amounts below.
Which of these has been correctly included in revenue according to IFRS 15 Revenue from contracts with customers?
A、Agency sales of 20,000 for motor vehicles which were no longer required by Repro
C、Sales of 180,000, which included 200,000 on 1 October 20X3 to an established customer which, (with the agreement of Repro), will be paid in full on 30 September 20X5. Repro has a cost of capital of 10%.