In the table below, discuss the accounting treatment for each of the following inventory items: (Be sure to discuss which party would include the inventory on its' balance sheet.) Accounting Treatment Inventory item Goods in Transit Consigned Goods Sales with Repurchase Agreements Sales with High Rates of Return In the table below, discuss the accounting treatment for each of the following inventory items: (Be sure to discuss which party would include the inventory on its' balance sheet.) Accounting Treatment Inventory item Goods in Transit Consigned Goods Sales with Repurchase Agreements Sales with High Rates of Return