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Posted on Jul 17, 2024

Happy Chappy must provide a service to Smiles every month from 1 September 2 0 0 X to 2 8 February 2 0 0 Y

Happy Chappy must provide a service to Smiles every month from $1$ September $200$ X to $28$ February $200$ Y $.$ The financial year end is $31$ December. Happy Chappy received a total amount of R $15 000$ for the services rendered. Assume that the income was earned in equal amounts over the period. What is the amount to be recorded as income received in advance?

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