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Multiple Choice P800,000 worth of inventory was purchased for cash, FOB shipping point. In a separate transaction, the purchaser pays P10,000 to the shipping company,
Multiple Choice P800,000 worth of inventory was purchased for cash, FOB shipping point. In a separate transaction, the purchaser pays P10,000 to the shipping company, which are added to the cost of the inventory. Therefore the total amount of inventory purchased was P800.000 P810,000 P 10,000 O P790,000
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Telecom Audit
Authors: M S. Mastel
1st Edition
0071410546, 9780071410540
