Question
In the Month of March, Digby received orders of 178 units at a price of $15.00 for their product Deft, and in April receives an
In the Month of March, Digby received orders of 178 units at a price of $15.00 for their product Deft, and in April receives an order for 45 units of their product Deft at $15.00. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 0 units in March, 178 units in April and 45 units in May. They received payment for 178 units in April, and payment for 45 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
$2,670 , $668
$1,113 , $1,113
$3,338 , 0
0, $2,670
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