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Question 9 2 pts ABC Co . purchases merchandise for resale from GHI , Inc. on account. The merchandise costs $ 1 0 , 0

Question

9

2

pts

ABC Co

.

purchases merchandise for resale from GHI

,

Inc. on account. The merchandise costs $

10, 000 .

The shipping terms are FOB Shipping Point and the shipping costs is $

200

paid directly to the trucking company. ABC must pay the freight.

True

False

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