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13 Dec 2019
exam 3 accounting 101
exam 3 accounting 101
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In the Month of March, Baldwin received orders of 101 units ata price of $15.00 for their product Bill. Baldwin uses the accrualmethod of accounting and offers 30 day credit terms. Baldwindelivers 101 units in April. They received payment for 51 units inMarch, and 51 units in April. In the March income statement, howmuch revenue is recognized on the March income statement from thisorder? How much in the April Income statement? (Answer inthousands) | ||||||||
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