Inventories do not include $15,000 of merchandise that was in transit on December 31, which was sold to a customer with terms f.o.b. destination. The inventory reached the customer on January 5, 2020 Inventories also do not include $20,000 inventory that was received by Royale Ltd. for consignment. Explain whether the 2 inventory items mentioned should be included or excluded from Cameron Corp.’s inventory and why?

Answers

Answer 1

Answer:

They both have to be included in the inventory


Related Questions

mention the major jobs of pharmacist​

Answers

Answer:

Pharmacists are responsible for:

ensuring that the supply of medicines is within the law. ensuring that the medicines prescribed to patients are suitable. advising patients about medicines, including how to take them, what reactions may occur and answering patients' questions.

Explanation:

Answer:

prepares medication, dispenses medications by compounding packaging and labeling pharmaceuticals, also co tools and monitors drug therapy

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