[@fanglu1623]

The best approach to CPA exam, thank you

[@AccountingLectures]

Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/

[@silversanoka2527]

Your are amaizing Alaah bless you Prof

[@AccountingLectures]

You are welcome.
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[@aaroacademy]

Thank you, So, much for your content.

[@AccountingLectures]

My pleasure! Thank you. For more resources check out my website: www.farhatlectures.com

[@user-fr9jv1np1j]

In the 2nd question, it says that if the buyer cancels the contract, it must pay the seller for the work completed. Given this, why can't the seller recognize its 80% work done as revenue by the EOY? Thanks!

[@mayankjain4871]

if in the second question, if it was a specialized contract, would the revenue be recognised at 60k?

[@davidsavage519]

Q2 is confusing. If DP is supposed to pay us for work completed why aren't we recognizing 80% of the revenue? Does that not mean we've completed 80% of our obligations under the contact?

[@annaangelopoulos5630]

Great explanation!

[@AccountingLectures]

You are welcome.
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[@CJ-hn6ov]

Dear Professor Farhat, I wish you and your family have a happy Thanksgiving day

[@AccountingLectures]

You are welcome.
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✔Facebook:@accountinglectures
✔Twitter: @farhatlectures
🎤Email: [e-mail]