Adjustments to the Physical Inventory Count

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6 Terms

1
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In inventory of supplier

Goods in transit shipped f.o.b. destination from supplier to merchandiser

2
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In inventory of merchandiser

Goods in transit shipped f.o.b shipping from supplier to merchandiser

3
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In inventory of merchandiser

Goods in transit shipped f.o.b. destination in the inventory of merchandiser

4
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In inventory of customer

Goods in transit shipped f.o.b. shipping from a merchandiser to customer

5
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In inventory of consignor

Consigned inventory, owned by a consignor but held by a consignee

6
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In inventory of seller

Inventory sold to customer with seller repurchase requirements