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The Gateway Company's physical inventory at 12/31 was $10,000. In addition, two in-transit items existed .A $200 item purchased from a vendor; FOB Destination A
The Gateway Company's physical inventory at 12/31 was $10,000. In addition, two in-transit items existed .A $200 item purchased from a vendor; FOB Destination A $350 item sold to a customer; FOB Destination The 12/31 Inventory for the balance sheet is Select one: O a. $10,000 O b. $10,350 c. $10,200 d. $10,550 e.$10,150
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