Company S shipped goods costing $12,000 to Company T on consignment. The sales agreement states that Company T has 90
(1) The original shipment of the goods to Company T and
(2) The expiration of the 90-day period without the goods being returned by Company T. Company S uses a perpetual inventory system.
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Step by Step Answer:
Chapter # 8
Section: Practice Exercises
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Question Posted: January 28, 2012 06:09:13