roblem 16-1 (IAA)

Aman Company provided the following data with respect to its inventory:

Items counted in the bodega

Items included in the count specifically segregated per sale contract

items in receiving department, returned by customer, in good condition

Items ordered and in the receiving deparment, invoice not received

Items ordered, invoice received but goods not received. Freight is on account of seller.

Items shipped today, invoice mailed, FOB shipping point

Items shipped today, invoice mailed, FOB destination

Items currently being used for window display

Items on counter for sale

Items in receiving department, refused by Aman Company because of damage

Items included in count, damaged and unsalable

Items in the shipping department

What is the correct amount of inventory?

a. 5,700,000

b. 6,000,000

c. 5,800,000

d. 5,150,000

Solution 16-1 Answer a

Items counted in the bodega

Items included in the count specifically segregated per sale contract

Items returned by customer

Items ordered and in receiving deparment

Items shipped today, FOB destination

Items for display

Items on counter for sale

Damaged and unsalable items included in count

Items in the shipping department

i want the real calculation