Question
In the Month of March, Digby received orders of 181 units at a price of $15.00 for their product Don, and in April receives an
In the Month of March, Digby received orders of 181 units at a price of $15.00 for their product Don, and in April receives an order for 45 units of their product Don at $15.00. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 0 units in March, 181 units in April and 45 units in May. They received payment for 181 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: 1Save Answer
A. $2,715, $679 0
B. 0, $2,715
C. $1,131, $1,131
D. $3,394 , 0
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