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) All of the above should be included.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jul 23, 2024 07:02 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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Financial Accounting Tools For Business Decision Making

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