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For each of the transactions below specify whether the item in question should be included in ending inventory, and if so, at what amount 6

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For each of the transactions below specify whether the item in question should be included in ending inventory, and if so, at what amount

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6 Safari File Edit View History Bookmarks Window Help \"a? LAJ 10%| . Mon 10:36 PM Q Q ' B edugen.wileyplus.com VlleyPLUS WileyPLUS: ywileyFLUS | \"93 | Contact Us | Q9 Out * 17-05...3.29 AM . WI leyPLU s Weygandt, Financial 8: Managerial Accounting, 2e Assignment > Open Assignment {E FULL SCREEN PRINTER VERSION 1 BACK NEXT > ASSIGNMENT RESOURCES 06 Ch 06 Homework P""'e"' 5'\" Principles of Accounting (ACCT 2301 & 2302) Itort: Austin Limited is trying to determine the value of its ending inventory as of February 28, 2017, the company's year-end. The following transactions occurred, and the accountant asked your help in determining whether they should be recorded or not. Problem 6-2A m Level Submission) For each of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what W amount. Level Submission (a) On February 26, Austin shipped goods costing $2,960 to a customer and A Review Score charged the customer $3,700. The goods were shipped with terms FOB $ , Re w Results by Study shipping point and the receiving report indicates that the customer gaje ive received the goods on March 2. On February 26, Louis Inc. shipped goods to Austin under terms FOB shipping point. The invoice price was $450 plus $20 for freight. The receiving report indicates that the goods were received by Austin on March 2.

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