Items in Merchandise Inventory INventory includes all goods owned by a company and held for sale. D Items requiring special attention: Goods in transit → goods on consignment -Obsolete or damaged goods Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity 77 Items in Merchandise Inventory ⧫Inventory includes all goods owned by a company and held for sale.  Items requiring special attention: →Goods in Transit →Goods on consignment →Obsolete or damaged goods