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Which of the Following Should Be Included in the Ending

Question 29

Multiple Choice

Which of the following should be included in the ending inventory of a company?


A) Goods held on consignment from another company.
B) Goods in transit to another company shipped FOB shipping point.
C) Goods in transit from another company shipped FOB shipping point.
D) Goods in transit from another company shipped FOB destination.

Correct Answer:

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