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Ending inventory is equal to the cost of items on hand plus. A. Merchandise in transit sold to customers with terms FOB shipping point. B.
Ending inventory is equal to the cost of items on hand plus.
A. Merchandise in transit sold to customers with terms FOB shipping point.
B. Merchandise in transit sold to customers with terms FOD destination.
C. Merchandise returned to sellers in transit with terms FOB shipping point.
D. Merchandise purchased from buyers in transit with terms FOB destination.
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