Sun Bright is a store that sells solar panels online to customers all across South Africa. The following transaction occurred during May 2022: On 9 May 2022, Sun Bright purchased 50 solar panels from one of their suppliers after a spike in sales following the recent bout of load shedding. The solar panels were delivered to Sun Bright's premises that same day together with the purchase invoice amounting to R250 000. Sun Bright will settle the amount after 90 days as per the credit terms agreed with their supplier. REQUIRED: Explain, using the definitions ONLY (i.e. you may ignore the recognition criteria) [7] contained in the conceptual framework, how you would recognise the cash owed to the supplier for goods purchased on credit. IGNORE the recognition criteria. Effective communication [1]