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Theo Co. has the following items in transit as of December 31, 2022: $3678 of merchandise purchased FOB shipping point and $2871 of merchandise
Theo Co. has the following items in transit as of December 31, 2022: $3678 of merchandise purchased FOB shipping point and $2871 of merchandise sold FOB destination The company would include $ in it's Inventory balance as of December 2022 related to these two in-transit items. Note: Enter '0' if neither should be included in Inventory. Include whole numbers only in your answer. Do not include dollar signs, decimals, or commas.
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
