Fargo Sales Company is very busy at the end of its accounting year on June 30. There
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Fargo Sales Company is very busy at the end of its accounting year on June 30.
There is an order for 130 units of product in the 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?
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Related Book For
Financial Accounting A Global Approach
ISBN: 9780395839867
1st Edition
Authors: Sidney J. Gray, Belverd E. Needles
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