A customer placed an order on May th for products to be shipped in days. The sale is recorded on a delayed charge form when the order is received in May. The products are shipped and invoiced on June th and the customer pays for the merchandise on July th The income from the sale is reported on the Profit and Loss statement in whatwhich months?

Answer rating: 100% (QA)

The income from the sale would be reported on the Profit and Loss statement in the following months ... View the full answer