Gradebook ORION Downloadable eTextbook Quest FILE SCREEN PRINTER VE RSIONBACK St

Question

Gradebook ORION Downloadable eTextbook Quest FILE SCREEN PRINTER VE RSIONBACK Staliman c Brief Exercise 6-2 Your answer is incorrect. Try again. f.o.b shipp Pelzer purc 3200ofld to Alvaret Company for $28,000 rOB destination. Both the Peier purchase and the Avare sad Stallman Company took a physical inventory on December 31 and determined that goods costing $180,000 were on handw Not included in the physical count were $23,000 of goods purchased from Pelzer Corporation, FOB shipping point, and were in transit at year-end. What amount should Stallman report as its December 31 inventory? Best A Stallman ending Inventory Question Attempts: 2 of 3 used SAVE FOR LATER SUBHIT ANSWER More Ar 10 l C. 2000-201.20mwley Sons. Inc. An Rights Reserved. A Division of 20mwleyasons. Inc. Version 4.24.5 Note lf th O Type here to search F3 4 6 QWIE

Explanation / Answer

The physical inventory on hand 180000 Add: Purchases made on FOB shipping not received in inventory at year-end 23000 Add: Goods sold on FOB destination not received by the customer to be included in inventory 20000 Inventory to be shown in books 223000

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