QUESTION 8 In each of the following situations, state at which date, if any, revenue will be recognised: 1. A contract for the rendering of services is entered into on 1 May 2021. The services are delivered on 15 May 2021. The buyer pays for the services on 30 May 2021. 2. A contract for the rendering of services is entered into on 1 May 2021. The services are delivered continuously over a 1-year period commencing on 15 May 2021. The buyer pays for all the services on 30 May 2021