3:A supermarket purchased merchandise from Al Juneidi Company with freight terms of FOB Destination. The freight costs will be paid by the:

Select one:

a. transportation company.

b. buyer.

c. buyer and the seller

d. seller.

4: Cost of goods available for sale is computed by adding

Select one:

a. beginning inventory to cost of goods purchased.

b. freight-in to net purchases.

c. beginning inventory to net purchases.

d. beginning inventory to purchases and freight-in.