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Forensic Accounting

how do you record receipt of principal for revenue based financing

Company received financing through a revenue based agreement wherein the investor is paid back based on 4% of gross revenues in perpetuity.  There is a minimum monthly payment.

asked Apr 15, 2015 in General IFRS Discussion by anonymous

1 Answer

0 votes
I'm having the same issue. Did you ever get an answer to this question. We should chat.
answered Jul 28, 2015 by anonymous