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Lubov Fominskaja [6]
3 years ago
12

in the month of march, chester received orders of 179 units at a price of $15.00 for their product clack, and in april receives

an order for 45 units of their product clack at $15.00. chester uses the accrual method of accounting and offers 30 day credit terms. chester delivers 0 units in march, 179 units in april and 45 units in may. they received payment for 179 units in april, and payment for 45 units in may. how much revenue is recognized on the march income statement from this order
Business
1 answer:
ollegr [7]3 years ago
3 0

Answer:

$0

Explanation:

The computation of the revenue recognized is shown below:

= Price per unit × number of units delivered in march month

= $15 × 0 units

= $0

Since 0 units delivered in the march month and if we multiplied the price per unit with the march units i.e. 0 so the answer should be zero only

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MAVERICK [17]

Answer:

The answer to this question is option d.50 percent.

Explanation:

Knowledge workers spend 50 percent of their time on non productive work like :- converting data to different formats,recreating information or unsuccessful searches and this has been shown by the researches.

Hence we conclude that the answer to this question is 50 percent.

8 0
4 years ago
If an annuity is purchased in December and monthly benefits begin in January of the following year, what type of annuity is it?
cestrela7 [59]

Answer:

Option D    

Explanation:

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8 0
3 years ago
Aspen Ore purchased a vein of coal ore for $5,300,000. It is estimated that 32,000,000 tons of ore are available to be extracted
emmasim [6.3K]

Answer:

$462,094

Explanation:

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5 0
3 years ago
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neonofarm [45]

Answer:

Amount recorded will be $95000

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6 0
3 years ago
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