Introduction to Accounting

timer Asked: Feb 23rd, 2015

Question Description

Need help with my Accounting question - I’m studying for my class.

Q4: Which of the following goods should PIN Dept Store include in its December 31 Count?

a. goods held on consignment from ABC wholesale

b. goods sold and shipped to Gray Brothers, in-transit FOB shipping point

c. goods that have been consigned to Dalton Bros

d. Goods in transit purchased F.O.B. destination point

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