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March income statement from order

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Reference no: EM131044414

In the Month of March, Digby received orders of 124 units at a price of $15.00 for their product Dome. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 124 units in April. They received payment for 62 units in March, and 62 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)

  • 0, $930
  • $930 , $930
  • $1,860 , 0
  • 0, $1,860

 

Reference no: EM131044414

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