Which of the following items should be included in a company's inventory at the balance sheet date?
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Question:
Which of the following items should be included in a company's inventory at the balance sheet date?
A.Goods in transit which were purchased f.o.b. destination.
B.Goods received from another company for sale on consignment.
C.Goods sold to a customer which are being held for the customer to call for at his or her convenience.
D.None of these answer choices are correct.
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