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When will a merchandising company recognize revenue? a.When merchandise with the terms FOB destination is shipped. b.When merchandise with the terms FOB destination is in

When will a merchandising company recognize revenue?

a.When merchandise with the terms FOB destination is shipped.

b.When merchandise with the terms FOB destination is in transit.

c.When merchandise with the terms FOB shipping point is shipped.

d.When merchandise with the terms FOB shipping point is received by the buyer

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The correct answer is c When merchandise with the terms FOB shipping point is shipped Heres why FOB ... blur-text-image

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