Oliver S.

asked • 12d

Please Help! Helgeson Company has identified the following items for possible inclusion when taking a physical inventory. Indicate whether each item should be included or excluded from the inventory.

Helgeson Company has identified the following items for possible inclusion when taking a physical inventory. Indicate whether each item should be included or excluded from the inventory, explain why.

1.Goods shipped on consignment by Helgeson to another company 

2.Goods in transit from a supplier, shipped FOB destination

3.Goods sold but being held for customer pickup

4.Goods held on consignment from another company

5.Goods in transit to a customer, shipped FOB destination 


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