Winters Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should 1. Goods shipped on consignment by Winters to another company.
2. Goods in transit from a supplier shipped FOB destination.
3. Goods shipped via common carrier to a customer with terms FOB shipping point.
4. Goods held on consignment from another company.

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The Answer of Winters Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should 1. Goods shipped on consignment by Winters to another company.
2. Goods in transit from a supplier shipped FOB destination.
3. Goods shipped via common carrier to a customer with terms FOB shipping point.
4. Goods held on consignment from another company.

Winters Company Identifies the Following Items for Possible Inclusion in the Physical