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Jeff Franklin, a New Employee of Bail Company, Recorded $1,800

Question 198

Essay

Jeff Franklin, a new employee of Bail Company, recorded $1,800 in consigned goods received as part of the firm's inventory. The goods were received one day after the end of the fiscal period, but Jeff reasoned that the goods should Required:
You are Jeff's supervisor. Write a memo to Jeff explaining why the error should have been corrected.

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