QUESTION 4 [20] 4.1 Mvelo, a branch manager, is entitled to a 7% commission on the annual net income made by his branch. For the financial year ended 28 February 2015, the branch managed by Mvelo made a net income of R400 000. This net income was finally determined by the group accountant on 15 May 2015. Required: State, with reasons the date of accrual of Mvelo's commission