Jacky$$s business has been good but not great. Jacky considers expanding the lawn business

by borrowing more money from the bank. In order to secure the loan in August, Jacky

directed his accountant to record $$10500$ on $31$ July of revenue that the business will earn

in November $2023.$

Jacky$$s business has been good but not great. Jacky considers expanding the lawn business by borrowing more money from the bank. In order to secure the loan in August, Jacky directed his accountant to record $$10500$ on $31$ July of revenue that the business will earn in November $2023$

Required: Create a separate worksheet in the same Excel file that you created in Question $1$ above to answer the following question.

Discuss whether it is ethical to record the revenue transaction in July. Please refer to the principles of the AASB Framework and the Code of Ethics for Professional

Accountants relevant to this situation and give the reasons underlying your conclusion.