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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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

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

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Question Posted: Jun 10, 2024 01:04 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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