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P2.13 PROBLEM 2.13 Recognise revenue Calculate the total revenue for the month of February 2022, given the following transactions. 1 Credit sales of $200

P2.13 PROBLEM 2.13 Recognise revenue Calculate the total revenue for the month of February 2022, given the

P2.13 PROBLEM 2.13 Recognise revenue Calculate the total revenue for the month of February 2022, given the following transactions. 1 Credit sales of $200 000 made in February; 40 per cent to be collected in February. Cash sales of $160 000. Received rental revenue of $9000 for the month of February. 4 Interest of $12 000 is credited to the company bank statement. It relates to interest eamed for the six months from 1 August 2021 to 31 January 2022. 5 Received $40 000 as a deposit from a customer for a job to be carried out in March. 2 3

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