In which of the following situations has a taxpayer carrying on a business and operating on an accruals basis of accounting not yet derived income?

• The taxpayer received money for work to be performed in the next financial year. If the work is not performed, the taxpayer must refund the money.
• The taxpayer billed a client for work done in accordance with an agreement.
• The taxpayer received cash for an item sold over the counter.
• The taxpayer received a cheque for an item sold over the counter. The cheque was dated on the same day but deposited for two weeks.
• The taxpayer received payment from a trade debtor that was outstanding at the end of the previous financial year.