What seahawks december balance sheet should

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Seahawks, Inc. had the following consignment transactions during December

Inventory shipped on consignment to Ash Company P18,000

Freight paid by Seahawks 900

Inventory received on consignment from Fenn Company P12,000

Freight paid by Fenn 500

Problem 1: No sales of consigned goods were made through December 31. Seahawks' December 31 balance sheet should include consigned inventory of

Group of answer choices:

Option 1: P18,900

Option 2: P18,000

Option 3: P12,500

Option 4: P12,000

Reference no: EM132919036

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