Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 6 - Reporting and Analyzing Inventory - Self-Test Questions - Page 311: 2

Answer

a

Work Step by Step

Goods held on consignment are not the company's property and should not be included in the inventory.
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