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Your Company sold goods FOB shipping point to jones Company. Which of the following is a true statement regarding this transaction? Shipping costs are paid

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Your Company sold goods FOB shipping point to jones Company. Which of the following is a true statement regarding this transaction? Shipping costs are paid by Your Company and added to inventory costs. Shipping costs are paid by Your Company and immediately expensed Shipping costs are paid by Jones Company and immediately expensed, Shipping costs are paid by Jones Company and added to inventory costs

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