Goods are shipped from Paris to Brussels on 12 November 2009 on terms FOB destination. The customer
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Goods are shipped from Paris to Brussels on 12 November 2009 on terms FOB destination.
The customer is invoiced for the goods on 15 November 2009. The goods arrive in Brussels and are received by the buyer on 14 November 2009. The customer issues a cheque for full payment on 21 November 2009. When should revenue be recognized by the seller in Paris?LO1.
a. 12 November 2009
b. 14 November 2009
c. 15 November 2009
d. 21 November 2009
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