The following situation is in chronological order.1. Dexter decides to buy a surfboard.2. He calls Boardin USA Co. to inquire about their surfboards.3. Two days later, he requests Boardin USA Co. to make him a surfboard.4. Three days later, Boardin USA Co. sends Dexter a purchase order to fill out.5. He sends back the purchase order.6. Boardin USA Co. receives the completed purchase order.7. Boardin USA Co. completes the surfboard.8. Dexter picks up the surfboard.9. Boardin USA Co. bills Dexter.10. Boardin USA Co. receives payment from Dexter.InstructionsIn a memo to the president of Boardin USA Co., answer the following.(a) When should Boardin USA Co. record the sale?(b) Suppose that with his purchase order, Dexter is required to make a down payment. Would that change your answer?View Solution:
The following situation is in chronological order 1 Dexter dec

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