Which of the following would be included in inventory? For any amount not included in inventory, explain where the amount would be recorded.
(a) Raw materials costs of leather, to a manufacturer of leather furniture
(b) Cost of cans of corn held on the shelves of a grocery store
(c) The cost of a truck in the process of being manufactured by an automobile manufacturer
(d) The cost of land being held for development to a property developer
(e) The cost of a van being used as a courtesy vehicle to an automobile service centre
(f) The costs of construction for a home being built for a specific customer, to a builder
(g) The cost of soap and paper towels for the washrooms of a restaurant