Celik Company is trying to determine the value of its ending inventory at February 28. 2011, the company’s year-end. The accountant counted everything that was in the warehouse as of February 28, which resulted in an ending inventory valuation of TL48,000. However, she didn’t know how to treat the following transactions SO she didn’t record them.
(a) On February 26. Celik shipped to a customer goods costing TL800. The goods were shipped FOB shipping point, and the receiving report indicates that the customer received the goods on March 2.
(b) On February 26. Seller Inc. shipped goods to Celik FOB destination. The invoice price was TL350. The receiving report indicates that the goods were received by Celik on March 2.
(c) Celik had TL500 of inventory at a customer’s warehouse “on approval.”The customer was going to let Celik know whether it wanted the merchandise by the end of the week. March 4.
(d) Celik also had TL400 of inventory on consignment at a Jasper craft shop.
(e) On February 26, Celik ordered goods costing TL750. The goods were shipped FOB shipping point on February 27. Celik received the goods on March 1.
(f) On February 28. Celik packaged goods and had them ready for shipping to a customer FOB destination. The invoice price was TL350; the cost of the items was TL250. The receiving report indicates that the goods were received by the customer on March 2.
(g) Celik had damaged goods set aside in the warehouse because they are no longer saleable. These goods originally cost TL400 and, originally. Celik expected to sell these items for TL600.

Instructions
For each of the above transactions, specify whether the item in question should be included in ending inventory, and if so, at what amount. For each item that is not included in ending inventory, indicate who owns it and what account, if any, it should have been recorded in.