Blossom Inc. offers its customers a 3% volume discount if they purchase at least $2.1...
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Blossom Inc. offers its customers a 3% volume discount if they purchase at least $2.1 million of its products during the calendar year. On March 31, 2023, Blossom has made sales of $756,000 to Bridgeport inc. In the previous two years, Blossom sold over $3.2 million to Bridgeport in the period from April 1 to December 31. How much revenue should Blossom recognize for the first three months of 2023 ? Revenue Show journal entries under IFRS including the entry when Bridgeport inc meets the discount threshold. (Credit occount tities are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter 0 for the amounts. (ist all debit entries before credit entries) Show journal entries under IFRS including the entry when Bridgeport Inc. meets the discount threshold. (Credit occount titles are automatically indented when the amount is entered. Do not indent monually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts. (List all debit entries before credit entries) Show journal entries under ASPE including the entry when Bridgeport Inc. meets the discount threshold. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the account titles and enter O for the amounts, List all debit entries before credit entries)



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