Is revenue earned from the following transactions? Give reasons for your answers.
1. Goods costing $6000 are sold for $9500.
2. Goods costing $6000 are sold for $6000.
3. Goods costing $6000 are sold for $4500.
4. A surveyor sends an account for $15 000 to a builder for work in connection with a subdivision of a block of land.
5. An electrical store provides a free service on a television set during the warranty period. The cost to the store was $250.
6. An investment company receives a dividend of $8000 on one of its investments.
7. Goods costing $100 are sold for $160. Instead of paying for the goods, the customer cleans the store's windows. This cleaning is normally carried out by an outside contractor at a cost of $160.