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COMPXM HELP! Report: https://ww5.capsim.com/compxm/inquirer#financial-statistics Question: In the Month of March, Baldwin received orders of 107 units at a price of $15.00 for their product Baker.
COMPXM HELP!
Report: https://ww5.capsim.com/compxm/inquirer#financial-statistics
Question: In the Month of March, Baldwin received orders of 107 units at a price of $15.00 for their product Baker. Baldwin uses the accrual method of accounting and offers 30 day credit terms. Baldwin delivers 107 units in April. They received payment for 54 units in March, and 54 units in April. In the March income statement, how much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)
A. $1,605 , 0
B. $803 , $803
C. 0, $1,605
D. 0, $803
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Audit Skill Management Ref PPAP ISO 9000 And ISO 14000 Series
Authors: FULBODH CHAUDHARY
1st Edition
1520470843, 978-1520470849
