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need help. J * Ch 03-06 Collow Trusted Traveler Pro... L ) 255310?module_item_id=597915 Welcome to Preven... + C Copart Search Resu... O Outlook Web App
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J * Ch 03-06 Collow Trusted Traveler Pro... L ) 255310?module_item_id=597915 Welcome to Preven... + C Copart Search Resu... O Outlook Web App Question 1 South Bay Commun... G oce mortgage sett. >> Other View Policies Show Attempt History Current Attempt in Progress x Your answer is incorrect. In your audit of Steve Company, you find that a physical inventory on December 31, 2017, showed merchandise with a cost of $433,700 was on hand at that date. You also discover the following items were all excluded from the $433,700. 1. Merchandise of $59,600 which is held by Steve on consignment. The consignor is the Max Suzuki Company. 2. Merchandise costing $37,860 which was shipped by Steve f.o.b. destination to a customer on December 31, 2017. The customer was expected to receive the merchandise on Januar 2018 Merchandise costing $49,940 which was shipped by Steve f.o.b. shipping point to a customer on December 29, 2017. The customer was scheduled to receive the merchandise on January 2, 2018 4. Merchandise costing $75,660 shipped by a vendorf.o.b. destination on December 30, 2017, and received by Steve on January 4, 2018 5. Merchandise costing $47.910 shipped by a vendor fo.b. shipping point on December 31, 2017, and received by Steve on January 5, 2018 Based on the above information calculate the amount that should appear on Steve's balance sheet at December 31, 2017 for inventory 557270 Inventory as on December 31, 2017 5 to e Textbook and Media Attempts: 3 of 5 used o e a
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