Transfer of Title to Inventory Identify whether the transactions described should be recorded by Cameron Companies during

Question:

Transfer of Title to Inventory Identify whether the transactions described should be recorded by Cameron Companies during December 2008 (fill in the blank with a D) or January 2009 (fill in the blank with a J).

Purchases of merchandise that are in transit from vendors to Cameron Companies on December 31, 2008.

Shipped FOB shipping point Shipped FOB destination point Sales of merchandise that are in transit to customers of Cameron Companies on December 31, 2008.

Shipped FOB shipping point Shipped FOB destination point

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