In line with your audit of revenues, you have observed the taking of the physical inventory of the company

on December 27, 20

The following lists of sales invoice are entered in the sales books for the months of December 2014 and January 2015.
ginawa owner
Sales Invo Invoice Date Date Shipped Month RecordAmount sales
a 1111114 12/23/2014 12/31/2014 14-Dec 12,500.00 dec include buyer
b. 1111115 12/27/2014 12/27/2014 14-Dec 9,000.00 dec exclude buyer
c. 1111116 12/30/2014 1/5/2015 14-Dec 15,000.00 jan include seller
d. 1111117 12/22/2014 1/18/2015 14-Dec 6,000.00 jan include seller
e. 1111118 12/28/2014 12/29/2014 14-Dec 8,000.00 dec include buyer
f. 1111119 12/3/2014 12/5/2014 14-Dec 4,000.00 dec exclude buyer
g. 1111120 12/31/2014 1/7/2015 14-Dec 10,000.00 jan include seller
h. 1111121 12/31/2014 12/31/2014 14-Dec 7,000.00 dec include buyer
i. 1111122 12/31/2014 12/31/2014 14-Dec 300,000.00 dec include buyer
j. 1111123 12/31/2014 12/29/2014 15-Jan 3,750.00 dec include buyer
k. 1111124 12/27/2014 1/4/2015 15-Jan 5,500.00 jan include seller
l. 1111125 1/8/2015 1/9/2015 15-Jan 4,500.00 jan include seller
m. 1111126 1/10/2015 12/31/2014 15-Jan 2,500.00 jan include buyer
n. 1111127 1/10/2015 1/10/2015 15-Jan -300,000.00 jan include seller
he company on December 27, 2014. Only merchandise shipped by the Company to customers up to and including December 27, 2014 have

014 and January 2015.

dapat seller
inventory sales shipping point upon shipment date buyer
exclude dec cut off date dec 27 2014 inexclude lahat ng nashipout to customers
exclude dec kelan mo shinip
include 15000 jan
include 6000
exclude
exclude
include 10000
exclude
exclude
exclude
include 5500
include 4500
include 2500
include
cluding December 27, 2014 have been removed or excluded from inventory. The inventory as determined by physical inventory count has b

ashipout to customers
by physical inventory count has been recorded on the books by the company’s controller. No perpetual inventory records are maintained. A
entory records are maintained. All sales are made on an FOB shipping point basis.