Question
Goods in transit that are shipped FOB destination should be included: a) in the inventory of the buyer b) in the inventory of the seller
Goods in transit that are shipped FOB destination should be included:
a) in the inventory of the buyer
b) in the inventory of the seller
c) in the inventory of the shipping company
d) on no ones's inventory until they arrive at their destination
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
