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Problem

Review the Ethical Issue: Dobbs Wholesale Antiques and address the following in your initial post:

Under Dobbs FOB policy, when should the company record a sale?

Do you approve or disapprove of Dobbs's manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. Is there an accounting rule against Dobbs's practice?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92451962

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