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2) What does it mean if goods are shipped FOB Shipping Point? What does it mean if goods are shipped FOB Destination? What are Consigned

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2) What does it mean if goods are shipped FOB Shipping Point? What does it mean if goods are shipped FOB Destination? What are Consigned Goods? 3) Does a company have to physically have inventory in its warehouse or on the shelf to count it on the balance sheet at the end of an accounting period? Explain

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