Waegelein Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should be included or excluded from the inventory taking. a. Goods shipped on consignment by Waegelein to another company.
b. Goods in transit from a supplier shipped FOB destination.
c. Goods shipped via common carrier to a customer with terms FOB shipping point.
d. Goods held on consignment from another company.

Indicate whether each item should be included or excluded from the inventory taking.

a. (Included) or (Excluded)
b. (Included) or (Excluded)
c. (Included) or (Excluded)
d. (Included) or (Excluded)