Glenrosa Company bought inventory from Monterosa Company, FOB destination. On December 31, the last day of the accounting year, the goods were on a truck owned by Common Carrier, Inc., and not expected to arrive until January 2. Which company should include these goods in its December 31 inventory? Multiple Choice Common Carrier O Glenrosa None of them should include these goods in inventory. Monterosa Cypress, Inc. sold merchandise for cash to a customer. The customer returned some of that merchandise because it was not satisfactory. What journal entry will Cypress use to record the return? Multiple Choice Debit Cash and credit Sales Revenue. Debit Cost of Goods Sold and credit Inventory. O O Debit Sales Revenue and credit Cash. O O Debit Sales Revenue and credit Inventory