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n At December 31, 2024, Nancy Jackson Corporation reported current assets of $337,776 and current liabilities of $1a1,600. The following items may have been recorded
n At December 31, 2024, Nancy Jackson Corporation reported current assets of $337,776 and current liabilities of $1a1,600. The following items may have been recorded incorrectly. Jackson uses a perpetual inventory system. 1. Goodspurchased costing $22,360 were shipped to.b, shipping point by a supplier on December 28. Jackson received and recorded the invoice on December 29,2024 , but the goods were not included in Jackson's inventory because they were not. received until January 4,2025. 2. Goods purchased costing $14,170 were shipped fo.b. destination by a supplier on December 26. Jackson received and recorded the invoice on December 31 , but the goods were not included in Jackson's 2024 inventory because they were not recelved until January 2,2025. 3. Goods held on consignment from Claudia Kishi Company were included in Jackson's December 31, 2024, inventory at $12,620 Recompute the current ratio after corrections are made. (Round ratio to 2 decimal ploces, es. 2.31:1.) The current ratio ;1 eTextbook and Media Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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