Which Of The Following Should Not Be Included In The Physical Inventory Of A Company

When is a physical inventory usually taken? When a limited number of goods are being sold or received and At the end of the company 's fiscal year. Which of the following should not be included in the physical inventory of a company? Goods held on consignment from another company. Which of the following should be . LO 1 Which of the following should not be included in the physical inventory of a company? a Goods held on consignment from another company. b Goods shipped on consignment to another company. c Goods in transit from another company shipped FOB shipping point. d All of the above should be included. A..Which of the following should not be included in the physical inventory of a company? Goods held on consignment from another company. As a result of a thorough physical inventory, Railway Company determined that it had inventory worth $180,000 at . This count did not take into consideration the .B the first to be allocated to ending inventory. C the first to be allocated to cost of goods sold. D not allocated to cost of goods sold or ending inventory. 12. For companies that use a perpetual inventory system, all of the following are purposes for taking a physical inventory except A to check the accuracy of the records..

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