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Stone Co had the following consignment transactions during December 900 Inventory shipped on consignment to Beta Co. $18.000 Freight paid by Stone Inventory received on

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Stone Co had the following consignment transactions during December 900 Inventory shipped on consignment to Beta Co. $18.000 Freight paid by Stone Inventory received on consignment from Alpha Co. 12.000 Freight paid by Alpha 500 No sales of consigned goods were made through December 31 Stone's December 31 balance sheet should include consigned Inventory at O $18.000 O $18.900 o $12,500 12,000

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