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A car dealer sells a new car to a customer on 1 June 20X5 and promises the customer 50 litres of fuel per month and
A car dealer sells a new car to a customer on 1 June 20X5 and promises the customer 50 litres of fuel per month and one years servicing, for a total price of 27,000, payable at the date of sale. The standalone prices of these components are: car 28,000, fuel 1,200 and servicing 800.
What revenue will the car dealer recognise upon delivery of the car?
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