question 2

Exercise 5-1 (Algo) Inventory ownership LO C1 1. At year-end, Barr Co. had shipped $13,100 of merchandise FOB destination to Lee Co. Which company should include the $13,100 of merchandise in transit as part of its year-end inventory? 2. Parris Company has shipped $20,600 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Parris. Identify the consignor and the consignee. Which company should include any unsold goods as part of its inventory? Complete this question by entering your answers in the tabs below. Required 1 Required 2 At year-end, Barr Co. had shipped $13,100 of merchandise FOB destination to Lee Co. Which company should include the $13,100 of merchandise in transit as part of its year-end inventory? Which company should include the $13,100 of merchandise in transit as part of its year-end inventory? Exercise 5-1 (Algo) Inventory ownership LO C1 1. At year-end, Barr Co. had shipped $13,100 of merchandise FOB destination to Lee Co. Which company should include the $13,100 of merchandise in transit as part of its year-end inventory? 2. Parris Company has shipped $20,600 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Parris. Identify the consignor and the consignee. Which company should include any unsold goods as part of its inventory? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Parris Company has shipped $20,600 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Parris. Identify the consignor and the consignee. Which company should include any unsold goods as part of its inventory? Identify the consignor. Identify the consignee. Which company should include any unsold goods as part of its inventory?