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YouTube Gmail YouTube Question 15 of 20 -/1 View Policies Current Attempt in Progress Accoring to the January 31, 2021 physical inventory count, Sheffield Company

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YouTube Gmail YouTube Question 15 of 20 -/1 View Policies Current Attempt in Progress Accoring to the January 31, 2021 physical inventory count, Sheffield Company has $24420 in inventory on hand at year end. In addition, at year end the company has $1270 of merchandise in transit purchased from a supplier and shipped FOB destination. Included in the physical inventory count was $970 of goods held on consignment for a local manufacturer. How much inventory should be reported on the company's January 31, 2021 balance sheet? O $24420 $25690 $24720 O $23450 Attempts:0 of 1 used Submit Answer Save for Later 22'C Mostly doudy

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