Question: INVENTORY OWNERSHIP Indicate if Merchandise Is Us should include or exclude the goods described below in its physical inventory count. Goods held by Merchandise Is

INVENTORY OWNERSHIP
Indicate if Merchandise Is Us should include or exclude the goods described below in its
physical inventory count.
Goods held by Merchandise Is Us on consignment from
another company.
Goods sold by Merchandise Is Us that are in transit
(Terms: FOB destination).
Goods shipped to Merchandise Is Us by a supplier that are
in transit (Terms: FOB destination).
INVENTORY OWNERSHIP Indicate if Merchandise Is Us should include or exclude

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