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In the Month of March, Chester received orders of 155 units at a price of $15.00 for their product City, and in April receives an
In the Month of March, Chester received orders of 155 units at a price of $15.00 for their product City, and in April receives an order for 39 units of their product City at $15.00. Chester uses the accrual method of accounting and offers 30 day credit terms. Chester delivers 0 units in March, 155 units in April and 39 units in May. They received payment for 155 units in April and payment for 39 units in May. How much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands) Select: 1 Save Answer $2,325, $581 $2,906, 0 $969, $969 0, $2,325
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