Transfer of Title to Inventory Identify whether the transactions described should be recorded by Cameron Companies during December 2010 (fi ll in the blank with a D) or January 2011 (fi ll in the blank with a J).

Purchases of merchandise that are in transit from vendors to Cameron Companies on December 31, 2010.

____________ Shipped FOB shipping point ____________ Shipped FOB destination point Sales of merchandise that are in transit to customers of Cameron Companies on December 31, 2010.

____________ Shipped FOB shipping point ____________ Shipped FOB destination point AppendixLO1