|
In the Month of March, Baldwin Corporation received orders of 191 units at a price of $15.00 for their product Bead. Baldwin uses the accrual method of accounting and offers 30 day credit terms. Baldwin delivers 128 units in March and the balance of 64 units in April. They received payment for 64 units in March, 64 units in April, and 64 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)
|
||||||||||
