On December 24 2005 Preventous Health Concepts PHC one of our major customers ordered 60000 of Nutri bars and sent us an advance payment for this amount Since we did not have sufficient inventory PHC agreed that we could ship the merchandise in early January which we did on January 4, 2006, The accountant didn't know what to do with this transaction?

Answer rating: 100% (QA)

Step 1 Step 2 1 on 24122005 our major Customer ordera d fo... View the full answer