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Per discussion with the controller and review of relevant documentation, the order for $58,000 was shipped FOB shipping point on December 30, 2015, and was
Per discussion with the controller and review of relevant documentation, the order for $58,000 was shipped FOB shipping point on December 30, 2015, and was received by the customer on January 3, 2016. The client has made no entry to record the sale in 2015 because Meehan didn’t receive the goods until January 3, 2016.
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Exception noted propose adjustment and request that the controller post it to the accounting record...
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
6th edition
0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237
