The brewery Cantal sells beer worth 600,000 to the retailer Marchéo in 20X1. It pays Marchéo 50,000 for a poster campaign in its stores, a distinct service whose fair value, reasonably estimated, is 35,000 (case data). Compute the revenue for 20X1 and the amount recognised as a purchase of the advertising service.
- Sales invoiced to the customer
- 600,000
- Amount paid for the campaign
- 50,000
- Fair value of the advertising service
- 35,000