pre lecture assignment 2 chapter 6

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not hove a good year, and top rinayement is under pressure to boot reported incone. Accordine to itsaecords, the inventory habroe at year end was 5 troo oco. However, the folowine intornation was not conodered nhen determining that anoure. Endine inventory as reported 1. Inckudedin the cospaxy's count were goods with a cost ot 5200000 that the corrpary is boldine on cunsigment. The coods belone to Nader Corporation. 2. The plysical count did not include poodi purchased by Gullumber compary with acont of 530 coo that were thipped rolishugin polst on December 28 and def not arive at. The soody had a iting prike or 540000 and a tou of 390000 the govetu were thet