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