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A purchaser would report the following inventory items on its balance sheet: a. items shipped f.o.b. destination and in transit. b. items received on consignment.

A purchaser would report the following inventory items on its balance sheet:

a. items shipped f.o.b. destination and in transit.

b. items received on consignment.

c. purchases with delayed payment terms.

d. purchases with a buyback agreement.

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