The events associated with a recent sale from Valor & Co. are as follows:

1) June 21st: Sales Associate meets client at a convention. Client verbally orders 100,000 widgets.

2) June 23rd: Formal purchase order from client received. Client set up for credit terms.

3) June 30th: Client informed of delays in production - widgets will be shipped middle of July.

4) July 1st: Payment received from client for the widgets.

5) July 10th: Widgets shipped to client and arrives at client warehouse on the same day.

6) July 30th: Sales commission is paid to sales associated in cash.

Select from numbers 1 through 6 to fill in the blanks below. You may choose to use different numbers for each blank or the same number for both blanks.

Badis & Co. should recognize the revenue associated with the sale of the widgets on the same day as ________

Badis & Co. should recognize the sales commission expense on the same day as ______