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During April, Firestone purchased goods from BF Goodrich. The sequence of events was as follows: April 1 : Firestone orders 2 , 5 0 0
During April, Firestone purchased goods from BF Goodrich. The sequence of events was as follows:
April : Firestone orders tires from BF Goodrich. BF Goodrich agrees to sell the wheels for $ each on account under shipping terms FOB shipping point and payment terms The tires initially cost BF Goodrich $ each on February th JB Hunt Trucking Company will be responsible for transporting the inventory for $ All shipping costs must be paid on the day of shipment.
April : BF Goodrich loads the tires into JB Hunt's truck.
April : Firestone receives the shipment of tires.
April : Firestone pays BF Goodrich for the tires previously purchased.
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