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1. Philla Singer received the following receipts and accruals for the 2020 year of assessment. A - Rental income from commercial property R200 000 B

1. Philla Singer received the following receipts and accruals for the 2020 year of assessment. A - Rental income from commercial property R200 000 B Revenue from sales of residential property held for 10 years for R1.5million C Interest received from local bank R7 500. Which of these constitute gross income? (3) A. A,B,C B. A,B C. A,C

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