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In the Month of March, Baldwin received orders of 127 units at a price of $15.00...

In the Month of March, Baldwin received orders of 127 units at a price of $15.00 for their product Best. Baldwin uses the accrual method of accounting and offers 30 day credit terms. Baldwin delivers 127 units in April. They received payment for 64 units in March, and 64 units in April. In the March income statement, 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
0, $953
$953 , $953
0, $1,905
$1,905 , 0
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Answer #1

Answer to q

option 3 0 , $1,905

as per accural accouting product delivery happened in april so entire revenue will recognise in the month of april.

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