1. Lima sold goods costing $38,000 to Comerica Company, FOB shipping point, on December 28. The goods...
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1. Lima sold goods costing $38,000 to Comerica Company, FOB shipping point, on December 28. The goods are not expected to arrive at Comerica until January 12. The goods were not inĀ¬
cluded in the physical inventory because they were not in the warehouse.
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Related Book For
Financial Accounting
ISBN: 9780470128848
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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