a. The inventory is reported separately on the consignor ' s balance sheet.
b. The inventory is combined with other inventory on the consignor ' s balance sheet.
c. The inventory is reported separately on the consignee ' s balance sheet.
d. The inventory is combined with other inventory on the consignee ' s balance sheet.
27. Where should goods in transit that were recently purchased f. o. b. destination be included on the balance sheet?