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Vostok sells computer games and is the sole distributor of a new game 'Avalanche'.Customer demand for the new game has resulted in lots of advance orders pending releaseof the game later in the year. As at 31 July 20X2, Vostok had received customer orders anddeposits received amounting to $500,000. Vostok anticipates that all orders will bedespatched to customers by 1 December 20X2.What sales revenue can Vostok recognise in the financial statements for the year ended31 July 20X2?$
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