20. Assuming that each of the amounts is material, indicate in each of the spaces provided the effect of the below transactions on the various elements of a company's financial statements. Use the following codes: O = overstated, U = understated, NE = no effect a. Included in the physical count were tools billed to a customer f.o.b. shipping point on December 31, 2021. The shipment was on Bostick's loading dock waiting to be picked up by the common carrier. b. Good were in transit from a vendor to Bostick on December 31, 2021 and were not included in the physical count. The good were shipped f.o.b shipping point on December 29, 2021. C. Goods received from a vendor on December 26, 2021, were included in the physical count. However, the related invoice was not included in accounts payable at December 31, 2021. Accounts Receivable Inventory Accounts payable Sales Cost of goods sold a b