Question
When goods are shipped FOB Destination and the seller pays the freight charges, the buyer a. adds the freight to the cost of the merchandise
When goods are shipped FOB Destination and the seller pays the freight charges, the buyer
| a. | adds the freight to the cost of the merchandise | |
| b. | reimburses the seller | |
| c. | does not take a discount | |
| d. | makes no journal entry for the freight |
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp
8th Edition
0538466790, 9780538466790
