12&13,14&15

Question 12 2 pts Merchandise is ordered on November 10; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 13; the merchandise is received by the buyer on November 18; the entry is made in the buyer's accounts on November 20. The credit period begins with what date? November 10 November 13 November 18 O November 20 Question 13 2 pts Which of the following accounts has a normal credit balance? Accounts Receivable Sales Inventory Delivery Expense Question 14 2 pts Using a perpetual inventory system, the entry to record the return of merchandise purchased on account includes a debit to Cost of Goods Sold credit to Accounts Payable credit to Inventory credit to Sales Question 15 2 pts If the buyer is to pay the freight costs of delivering merchandise, delivery terms are stated as FOB shipping point FOB destination FOB n/30 FOB buyer