What are the answers to the accounting questions in the attached sheet?

Accounting Questions: The cost of the inventory that the business has sold to customers is called: a. b. c. d. Gross profit Cost of goods sold Purchases Inventory Another term for gross profit is: a. Gross margin b. Gross sales c. Gross income d. Gross operating When inventory is shipped from the seller to the buyer with shipping terms of FOB destination: A.title passes from the seller to the buyer when the goods leave the seller's shipping dock. B.the goods will be included in the inventory of the buyer and the seller while they are in transit. C.the buyer owns the goods while they are in transit. D.the goods will be included in the inventory of the seller until they reach their destination. Using a perpetual inventory system, which of the following entries (or combination of entries) would record the sale of merchandise sold on credit? a. Account receivable inventory b. Sales discounts accounts payable c. Account receivable sales revenue, cost of goods sold inventory d. Accounts receivable cost of goods sold, inventory, sales revenue