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Savatey [412]
3 years ago
10

On December​ 23, 2018​, Silverman Sports Manufacturing sells a truckload of merchandise to the Baseball World store in Cincinnat

i​, Ohio. The terms of the sale are FOB destination. The truck runs into bad weather on the way to Cincinnati and​ doesn't arrive until January​ 2, 2019. Silverman​'s invoice totals $ 160,000. The​ company's year-end is December 31.
1. What amount should Silverman reflect in its 2018 income statement for this​ sale?
Business
1 answer:
iragen [17]3 years ago
7 0

Answer:

0

Explanation:

0 amount should Silverman reflect in its 2018 income statement for this​ sale because the good was delivered after 12/31/18.

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