Fargo Sales Company is very busy at the end of its fiscal year on June 30. It

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Fargo Sales Company is very busy at the end of its fiscal year on June 30. It has an order for 130 units of product in its warehouse. Although the shipping department tries, it cannot ship the product by June 30, and title has not yet passed. Should the 130 units be included in the year-end count of inventory? Why or why not? Q-5

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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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