Question 2 of S Current Attempt in Progress Bonita Company just took its physical inventory. The count of inventory items on hand at the company's business locations rested in a total inventory cost of $265,000, in reviewing the details of the count and related inventory transactions, you have discovered the following items had not been considered. 2 Bonita has sent inventory costing $20,000 on consignment to Alissa Company. All of this inventory was at Alissa's showrooms on December 31. The company did not include in the count inventory (cost, $20.000) that was sold on December 28, terms FOB shipping point The goods were in transit on December 31 The company did not include in the count inventory (cost, $13.000) that was purchased with terms of FOB shipping point. The goods were in transit on December 31.

Compute the correct December 31 inventory. Correct December 31 inventory $ F

Your answer is incorrect. Bonita Company just took its physical inventory. The count of inventory items on hand at the company's business locations resulted in a total inventory cost of $265,000. In reviewing the details of the count and related inventory transactions, you have discovered the following items had not been considered. 1. Bonita has sent inventory costing $20,000 on consignment to Alissa Company. All of this inventory was at Alissa's showrooms on December 31. 2. The company did not include in the count inventory (cost, $20,000 ) that was sold on December 28 , terms FOB shipping point. The goods were in transit on December 31. 3. The company did not include in the count inventory (cost, $13,000 ) that was purchased with terms of FOB shipping point. The goods were in transit on December 31. Compute the correct December 31 inventory. Correct December 31 inventory $ Your answer is incorrect. Bonita Company just took its physical inventory. The count of inventory items on hand at the company's business locations resulted in a total inventory cost of $265,000. In reviewing the details of the count and related inventory transactions, you have discovered the following items had not been considered. 1. Bonita has sent inventory costing $20,000 on consignment to Alissa Company. All of this inventory was at Alissa's showrooms on December 31. 2. The company did not include in the count inventory (cost, $20,000 ) that was sold on December 28 , terms FOB shipping point. The goods were in transit on December 31. 3. The company did not include in the count inventory (cost, $13,000 ) that was purchased with terms of FOB shipping point. The goods were in transit on December 31. Compute the correct December 31 inventory. Correct December 31 inventory $