How much revenue should be recognized

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Question - Over the winter months, Wildhorse Lawns Co. pre-sells fertilizing and weed control lawn services to be performed from May through September, inclusive. If payment is made in full by April 1, a 5% discount is allowed. In March, 340 customers took advantage of the discount and purchased the summer lawn service package for $750 each. In June, 300 customers purchased the package for $810, and in July, 100 purchased it for the same price. For customers who pay after May 1, service starts in the month the customer makes the payment. How much revenue should be recognized by the Wildhorse Lawns Co. in each of the months of March, April, May, June, July, August, and September?

Reference no: EM132974758

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