Question
For Week 5 Discussion PowerPoint Assignment, you will be creating a narrated Microsoft PowerPoint presentation that verbally and visually describes how merchandise flows through both
For Week 5 Discussion PowerPoint Assignment, you will be creating a narrated Microsoft PowerPoint presentation that verbally and visually describes how merchandise flows through both a Freight on Board (FOB) Destination and Freight on Board (FOB) shipping process.
Please utilize the textbook, videos, and outside resources to prepare your presentation. At aminimum, the following must be included in your presentation:
- FOB destination
- definition
- history
- costs
- terms
- When does ownership change hands?
- Who covers shipping costs?
- journal entry that records a FOB shipping point transaction from purchase to delivery
- one comprehensive real-life example
- FOB shipping point
- definition
- history
- costs
- terms (ex. 1/15, n30)
- When does ownership change hands?
- Who covers shipping cost?
- journal entry that records a FOB shipping point transaction from purchase to delivery
- one comprehensive real-life example
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
