In the month of March, the Inving Corporation recleved orders of units at a price of $ for their product Ignite. Inving uses the accrual method of accounting and offers day credit terms. Inving dellvers units in March and the balance of units in April. Irving recelved payment for units in March, units in Aprll, and in May.
Given this information, how much revenue is recognized on the March Income Statement from this order? How much revenue is recognized in the April Income Statement?
$ in March and $ in April
$ in March and $ in Aprit
$ in March and $ in April
$ in March and $ in April
$ in March and $ in April