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How much revenue is earned from the following transactions for the year ending 30th June 2021? Give reasons for your answers. (i) Goods costing
How much revenue is earned from the following transactions for the year ending 30th June 2021? Give reasons for your answers. (i) Goods costing $5,000 are sold for $7,000 during June 2021. Font family Font size Paragraph Path: p (ii) An electrical store provides a free service on a television set during the warranty period in June 2021. The cost to the store was $250. Path: p Font family Font size Paragraph H (iii) A company receives a dividend of $8000 on one of its investments in June 2021 Font family Font size Paragraph Path: p (iv) An airline sells a return airline ticket from Sydney to Melbourne. On 1st June 2021 it receives $500 from the customer, with the flight to Melbourne on 1st July 2021 and the return to Sydney 10 days later. Font family Font size Paragraph
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