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Determine who should include the inventory

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Question - Based on the following transactions and shipping terms between Coldpac Distributors and Marco's Pizzeria, determine who should include the inventory in question on their 12/31/20X8 balance sheet.

1. Marco's received $4,000 worth of inventory on January 3 that was shipped FOB destination by Coldpac on December 28.

2. Marco's received $5,000 worth of inventory on January 2 that was shipped FOB shipping point on December 24.

Reference no: EM133071135

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