1) Under Gorries Bearing Company's FOB policy, when should the company record a sale?
2) Do you approve or disapprove of gorries Bearing Company's means of deciding when to ship goods to customers? If you approve give your reason? If you dissaprove, identify a better way to decide when to ship goods. ( There is no accounting rule against Gorries Bearing Company's practice.)
This question was asked on May 10, 2010.
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