Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31, the company reported Inventory of $70,000 and Cost of Goods Sold of $420,000.

a.) Included in Inventory (and Accounts Payable) are $10,000 of lenses SLC is holding on consignment.

b.) Included in SLCs Inventory balance are $5,000 of office supplies held in SLCs warehouse.

c.) Excluded from SLCs Inventory balance are $8,000 of lenses in the warehouse, ready to send to customers on January 2. SLC reported these lenses as sold on December 31, at a price of $15,000.

d.) Included in SLCs Inventory balance are $3,000 of lenses that were damaged in December and will be scrapped in January, with zero realizable value.

	Transaction	General Journal	Debit	Credit
A.)
B.)
C.)
D.)