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Home Q & A Board Other Fields Homework Help Business Accounting
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thallium81 thallium81
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A year ago
When an acquisition is on an FOB origin basis, the inventory and related accounts payable must be recorded in the current period if the goods were

▸ received prior to the balance sheet date.

▸ shipped on or before the balance sheet date.

▸ both shipped and received prior to the balance sheet date.

▸ paid for in advance.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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kimtrankimtran
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A year ago
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thallium81 Author
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A year ago
Brilliant ツ
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You make an excellent tutor!
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Correct Slight Smile TY
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