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How much revenue should Galgadot recognize

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Reference no: EM132743542

Question - Galgadot Company offers its customers a 3% volume discount if they purchase at least AUD 2 million of its product during the calendar year. On March 31, 2009, Galgadot has made sales of AUD700,000 to Bonhome Co. In the previous 2 years, Galgadot sold over AUD3,000,000 to Bonhome in the period April 1 to December 31. How much revenue should Galgadot recognize for the first 3 months of 2009?

Reference no: EM132743542

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