Indicate the terms of sale that will result in the goods being included in (1) Bonitas December

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Indicate the terms of sale that will result in the goods being included in (1) Bonita’s December 31 inventory and

(2) Myan’s December 31 inventory.

(b) Under what circumstances should Bonita Company include consigned goods in its inventory?

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Financial Accounting

ISBN: 9781118953907

8th Edition

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

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