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Which of the following should not be included in a companys ending inventory? A. In-transit goods sold and shipped FOB destination. B. In-transit goods purchased
Which of the following should not be included in a companys ending inventory?
A. In-transit goods sold and shipped FOB destination.
B. In-transit goods purchased and shipped FOB shipping point.
C. Goods held on consignment.
D. Goods out on consignment.
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