How much in the april income statement

Assignment Help Finance Basics

Reference no: EM132002779

Question: In the Month of March. Digby received orders of 89 units at a price of $15.00 for their product Dot. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 89 units in April. They received payment for 45 units in March, and 45 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?

Reference no: EM132002779

Questions Cloud

What would be the portfolio required rate of return : A money manager is holding the following portfolio: Stock Amount Invested Beta 1 $300,000 0.6 2 300,000 1.0 3 500,000 1.4 4 500,000 1.8.

Discuss the team dynamics for a highly effective team : Discuss the team dynamics for a highly effective or ineffective team of which you were a member. Can you explain why the team performed so well or so poorly?

Two-sample tests-chi square tests : What would be the means of two related populations in reference to two-Sample Tests & Chi Square Tests?

Determine which of the organizations is the most helpful : Determine which of the organizations is the most helpful for you in terms of your area of interest. Provide a rationale for your response..

How much in the april income statement : In the Month of March. Digby received orders of 89 units at a price of $15.00 for their product Dot. Digby uses the accrual method of accounting.

Binomial problem after computing : What is the probability that 2 or more would have an IQ greater than 140. Represent your solution as an expression of ?=p(IQ>140) and give ?.

List the main lessons it managers can learn from webcor : What obstacles do companies face when developing customized IT systems themselves? Under what circumstances does it make sense?

Distinguish between different regions : A six?-digit code is used to distinguish between different regions. The code uses numbers between 1 and 7?, inclusive.

Compute descriptive statistics for variable : Compute descriptive statistics for each variable along with an explanation of what the descriptive statistics tell us about the variable.

User Account

All Pages