please help

QUESTION 2 (30 marks) Technopeeps is a supplier of computer related products and services. During the financial year ended 30 June 2022, Technopeeps offered a contract promotion whereby customers who purchase the contract will receive a laptop alongside one year of uncapped internet data services. The promotion was for one day only on 15 January 2022 and in terms of the contract, a laptop will be delivered to the customer on 1 February 2022, on which day the risks and rewards of ownership of the laptop will pass to the customer. The one year of internet data service will also begin on 1 February 2022. The contract price of R12.000 per contract is payable in full on 15 January 2022. On the day of the promotion, 65 customers purchased the contract in cash. Technopeeps usually sells its products and services separately. If sold separately, Technopeeps charges R4 000 for the laptop and a monthly fee of R1 000 for the uncapped use of internet data services. REQUIRED: 2.1) As per IFRS 15, there is a five-step approach to recognise and measure revenue. List the five steps involved in this approach. (5 marks) 2.2) Define a 'performance obligation' and identify what performance obligations exist in the contracts provided by Technopeeps. (3 marks) 2.3) Explain with reference to IFRS 15, whether or not the good and services supplied in Technopeeps's contract are distinct. (3 marks) 2.4) Prepare the general journal entries to record the sale of the contracts for the financial year ended 30 June 2022. Dates and narrations are not required. Limit your answer to the information provided e.g. ignore cost of sales implications. Show all workings. (19 marks) Round to the nearest Rand where applicable