1. Harris Company has shipped $ 20,000 of goods to Harlow Co., and Harlow Co. has arranged...
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2. At year- end, Harris Co. had shipped $ 12,500 of merchandise FOB destination to Harlow Co. Which company should include the $ 12,500 of merchandise in transit as part of its year- end inventory?
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Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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