Which of the following should not be included in the physical inventory of a company? (a) Goods

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Which of the following should not be included in the physical inventory of a company?

(a) Goods held on consignment from another company.

(b) Goods shipped on consignment to another company.

(c) Goods in transit from another company shipped FOB shipping point.

(d) None of the above.

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Accounting Tools For Business Decision Making

ISBN: 9780470377857

3rd Edition

Authors: Paul D. Kimmel

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Question Posted: Feb 11, 2024 06:00 AM

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Which of the following should not be included in the physical inventory of a company? (a) Goods

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Accounting Tools For Business Decision Making

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