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fast please Match each situation to its impact (a-c) on the current year's net income. Choose.. Choose... of Choose... ion Merchandise was purchased FOB destination
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Match each situation to its impact (a-c) on the current year's net income. Choose.. Choose... of Choose... ion Merchandise was purchased FOB destination on the last day of the year. The cost of the merchandise purchased was not included in ending inventory. Merchandise held on consignment was included in the count of ending inventory. Purchased merchandise was shipped FOB shipping point on the last day of the year. The cost of the merchandise was not included in ending inventory. A consignor included merchandise in the hands of the consignee in ending inventory. Choose... Choose... Finish attempt pageStep by Step Solution
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