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analyzing is December 31, 2016 year-end inventory cutoff issues, Scranton Company noted the following three events not yet in ending inventory 1. $30.000 in goods
analyzing is December 31, 2016 year-end inventory cutoff issues, Scranton Company noted the following three events not yet in ending inventory 1. $30.000 in goods were received from a vendor on December 30, 2019 (FOB destination) but was not included in the inventory or accounts payable, because the accounts payable copy of the receiving report was lost 2 Goods with an invoice cost of $35,000 were received from a vendor at 5.00pm on the last day of the year, December 31, 2019, just as the warehouse was dosing The items were not included in the physical count but were recorded on a receiving report dated January 3, 2020 The related invoice was recorded in accounts payable at December 31, 2019, 1A52,500 freight bill related to goods purchased and delivered on December 30, 2019 was never processed On December 31, 2010 what is the correct amount of items to include in the ending Inventory? OA $30.000 00:567 500 Oc565,000 OD 335.000
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