Should the inventory be included? One of A’isha Sowell’s main responsibilities at the end of the accounting period is to supervise the count of physical inventory for her employer. She knows that it...

Should the inventory be included?

One of A’isha Sowell’s main responsibilities at the end of the accounting period is to supervise the count of physical inventory for her employer. She knows that it is important that the business get an accurate count of inventory so that its financial statements are reported correctly. In reviewing the inventory count sheet, she realizes that a large crate of inventory that has already been sold but not yet delivered was included in the count of inventory. The crate has left her employer but is still in transit at fiscal year-end. A’isha does not believe that it should be included because the inventory was sold FOB shipping point. When A’isha went to her supervisor with this information, she was told that she shouldn’t worry about it because the error would ultimately correct itself. What should A’isha do?