Interest revenue should be recognised on
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(a) Interest revenue should be recognised on the 'effective interest' basis. (b) Royalties should be recognised on an accruals basis in accordance with amounts receivable as a result of 'asset use' up to the reporting date.
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Interest revenue should be recognised on the 'effective interest' basis. (b) Royalties should be recognised on an accruals basis in accordance with amounts receivable as a result of 'asset use' up to the reporting date
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