Gato Inc. had the following inventory situations to consider at January 31, its year-end. (a1) Identify which of the following items should be included in inventory. (a) Goods held on consignment for Steele Corp. since December 12. select including or not Do not Include in InventoryInclude in Inventory (b) Goods shipped on consignment to Logan Holdings Inc. on January 5. select including or not Include in InventoryDo not Include in Inventory (c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit. select including or not Include in InventoryDo not Include in Inventory (d) Goods shipped to a customer, FOB shipping point, on January 29 that are still in transit. select including or not Do not Include in InventoryInclude in Inventory (e) Goods purchased FOB destination from a supplier on January 25 that are still in transit. select including or not Include in InventoryDo not Include in Inventory (f) Goods purchased FOB shipping point from a supplier on January 25 that are still in transit. select including or not Do not Include in InventoryInclude in Inventory (g) Office supplies on hand at January 31.

Jorge is a manager at starbucks. his operational plan includes achieving annual sales of $4,000,000 for his store. with only one month left to end of the fiscal year, jorge realizes that he won't reach his annual sales goal. what are his options?

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Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?