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Suppose Company A places an order with Company B on May 12. On May 14, Company B ships the ordered goods to Company A with
Suppose Company A places an order with Company B on May 12. On May 14, Company B ships the ordered goods to Company A with terms FOB destination. The goods arrive at Company A on May 17. Company A begins selling the goods to customers on May 19 and pays Company B on May 20. When would Company B record the sale of goods to Company A?
May 14.
May 12.
May 19.
May 17.
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