In which of these situations would a merchandiser record revenue? a) Goods were delivered FOB Shipping Point, but they have not yet arrived at the buyer's place of business. b) Control of goods has not been transferred to the customer. c) The customer paid for goods in advance of the obligation being fulfilled. d) Goods were delivered FOB Destination, but they have not yet arrived at the buyer's place of business. e) None of the above 5. Which of the following items will require a credit to the inventory account in a perpetual inventory system? a) Collecting cash for inventory previously sold on account. b) Purchasing inventory on account. c) Selling inventory on account. d) Paying cash for inventory previously purchased on account. e) None of the above.