This subject is Intermediate Accounting

The Invemory on hand at December 31, 2020 for Rodcon Company welund at a cout of PLUS5.800. The following Homs wore not Included in the inventory amount It Purchased goods In trant Jipping FOR Deals ation fevoke price - PHOUR. which bookede freight charges of PLGOD b. Goods held on connigeurt by Raken at bushes price of P56,009, Including 10% The commission based on the plot price in Good old to Tar Company wider tomi FOB draination Invelard do P40 10? which clude: P:3003 freight charges to deliver the roads The goods are In trands d Purchased good! in brunch termis FOU shipping point. Imrice prices FIG.DO, Freight call, P6,000 hipping col of P4,000