(Answered) In the month of march digby received orders of 205 units at

Management Studies

In the Month of March, Digby received orders of 205 units at a price of $15.00 for their product Drum, and in April receives an order for 51 units of their product Drum at $15.00. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 0 units in March, 205 units in April and 51 units in May. They received payment for 205 units in April, and payment for 51 units in May. How much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)

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