Question: Need help with accounting class. options for the financial statement are: Balance Sheet, Income Statement, & Not reported. Presented below is a list of items
Need help with accounting class.
options for the financial statement are: Balance Sheet, Income Statement, & Not reported.

Presented below is a list of items that may or may nat be reported as inventory in a company's December 31 balance sheet. Indicate which of these items would typically be reported as inventory in the financial statements. If an item should not be reported as inwentory, indicate how it should be reported in the financial statements
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