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Given the following information, how much revenue would be recognised in May? i. Credit sales of $400 000 in May, 50% to be collected in
Given the following information, how much revenue would be recognised in May? i. Credit sales of $400 000 in May, 50% to be collected in June ii. Collected $80 000 in May from customers for April sales iii. Received a deposit in May from a customer for $30.000 for work to be carried out in July Select one: O a. $330 000 O b. $400 000 O c. $430 000 O d. $200 000
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