Question: We recently signed a sales contract with a customer. The terms are FOB Shipping Point. The items were loaded onto the semi truck just

We recently signed a sales contract with a customer. The terms are FOB Shipping Point. The items were loaded onto the semi truck just

We recently signed a sales contract with a customer. The terms are FOB Shipping Point. The items were loaded onto the semi truck just prior to period end and are currently in transit to the customer. Should our business include these units are part of their year-end inventory count? Yes No

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