IFRS 15 provides guidance for the accounting for consideration received without the contract criteria being met. Which one of the following statements is correct?
A. Cyrus Fresh Inc. receives MU18,000 from a customer six months before the contract criteria in IFRS 15 are met. As the contract criteria will ultimately be met, it would process the following journal upon receipt of the cash: Dr Cash MU18,000 Cr Revenue MU18,000
B. The Medes & Persians Emporium Inc. receives MU50,000 from a customer at contract inception however since the contract criteria in IFRS 15 are not met, it would process the following journal entry upon receipt of the cash: Dr Cash MU50,000 Cr Liability MU50,000
C. Luscious Green Garden Plants Ltd. receives MU10,000 cash from a customer at contract inception but the contract criteria in IFRS 15 are not met therefore it would process the following journal upon receipt of the cash: Dr Cash MU10,000 Cr Other Income MU10,000
D. Aslan Ltd. receives MU38,000 from a customer before the contract criteria in IFRS 15 are met. As a result, it continues to assess the criteria and therefore upon receipt of the cash it processes the following journal: Dr Cash MU38,000 Cr Contract liability MU38,000
B. The Medes & Persians Emporium Inc. receives MU50,000 from a customer at contract inception but since the contract criteria in IFRS 15 are not met, it would process the following journal entry upon receipt of the cash: Dr Cash MU50,000 Cr Liability MU50,000
这个选项是正确的。根据IFRS 15，如果在合同开始时不符合确认收入的标准，企业应当在收到客户对价时作为负债进行会计处理，直到合同满足IFRS 15规定的标准。因此，Medes & Persians Emporium Inc. 应该在收到现金时记录一个借方的现金和一个贷方的负债，表示企业预期未来需要向客户提供商品或服务的义务。
