Question
As an accountant of Casey Computer, Co., Sam Butler is aware of Caseys weak financial condition. Casey is close to signing a lucrative contract that
As an accountant of Casey Computer, Co., Sam Butler is aware of Caseys weak financial condition. Casey is close to signing a lucrative contract that should ensure its future. The controller states that the company must report a profit this year. He suggest: Two customers have placed orders that are scheduled to be shipped January 3, when production of those orders is completed. Lets record the goods as finished and bill the customer on December 31 so we can show the profit from those orders in the current year.
What should Sam do? What should you do?
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