Business, 07.10.2020 22:01 smariedegray
In March, Digby received an order of 103 units at the price of $26.00 for their product Daze, and in April receives an order for 48 units of product Dixie at $36.50. Digby uses the accrual method of accounting and offers 30-day credit terms. Digby delivers zero units in March, 103 units in April, and 48 units in May. How much revenue is recognized on March’s income statement? How much revenue is recognized on April’s income statement?
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In March, Digby received an order of 103 units at the price of $26.00 for their product Daze, and in...
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