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In a period of rising prices which inventory method generally provides the greatest amount of net income? Average cost. FIFO. LIFO. Specific identification. Goods in transit which are shipped f.o.b. destination should be included in the inventory of the seller. included in the inventory of the buyer. included in the inventory of the shipping company. none of these. In which account are post-dated checks received classified? Receivables. Prepaid expenses. Cash. Payables