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QUESTION
Which of the following goods should Pin Department Store include in its December 31 count?
Which of the following goods should Pin Department Store include in its December 31 count?
a. goods held on consignment from ABC Wholesale
b. goods sold and shipped to Gray Brothers, in-transit F.O.B shipping point
c. goods that have been consigned to Dalton Brothers
d. goods in transit purchased F.O.B. destination point
