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Question 1) In the Month of March, Chester Corporation received orders of 169 units at a price of $15.00 for their product City. Chester uses the accrual method of accounting and offers 30 day credit terms. Chester delivers 112 units in March and the balance of 56 units in April. They received payment for 56 units in March, 56 units in April, and 56 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)
Option A) 0 , $2,535
Option B) $2,535 , 0
Option C) $1,680 , $840
Option D) $840 , $840
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refer to the feedback sheet attached to see where marks could be lost. you are not required to complete the
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