Aladonna Aladonna has a financial year that ends on the last day of February. It is a distinctive ladies boutique. On 27 February 2018 it sold an evening dress to a customer for R10 000. Under this contract of sale, it undertook to deliver the evening dress to the customer one week later, on 5 March 2018. The dress had cost R7 500. The dress was delivered to the customer on 5 March 2018. The R10 000 was settled in full on the same day. (6)

Discuss, the scenario, whether the amounts referred to are gross income in the hands of the respective recipients. For amounts that have accrued to a taxpayer, the date of accrual must also be provided.