$\backslash$table$[[$Inventory Error,$\backslash$table$[[$Current Year$],[$Cost of$],[$Goods Sold$]],\backslash$table$[[$Current Year$],[$Ending$],[$Inventory$]],\backslash$table$[[$Next Year$],[$Cost of$],[$Goods Sold$]],\backslash$table$[[$Next Year$],[$Ending$],[$Inventory$]]],[$a$.$ Merchandise purchased on credit on December $31$ of the current,,hat$(grad),$hat$(grad),],[$year was included in ending inventory. However, the purchase,,,,$],[$was not recorded until next year when the invoice was received,,,,$],[$from the vendor.,,,,$],[$b$.$ Ending inventory of the current year was understated because of$,,,,],[$an error in the physical inventory records.,,,,$],[$c$.$ Goods held on consignment were inadvertently counted in the,widehat$(grad),$widehat$(grad),$widehat$(grad),],[$physical inventory.,,,,$],[$d$.$ A purchase was shipped f$.$o$.$b$.$ shipping point on December $31$ of$,,,,],[$the current year. The purchase was recorded, but the item was,,,,$],[$not included in the physical inventory records.,,,,$],[$e$.$ A purchase was shipped f$.$o$.$b$.$ shipping point on December $31$ of$,$hat$(grad),$hat$(grad),$widehat$(grad),],[$the current year. The purchase was not recorded until next year,,,,,$],[$and the item was not included in the physical inventory records,,,,$],[$of the current year.,,,,$]]$