WebApr 11, 2024 · Guided textbook solutions created by Chegg experts Learn from step-by-step solutions for over 34,000 ISBNs in Math, Science, Engineering, Business and more ... Match each phrase with its definition. Match each phrase with its definition. ... with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional ... WebFOB shipping point (FOB origin) - title of goods passes from a seller to a buyer at the seller's shipping doc. That meant that a buyer is has to pay for the delivery. Basically, If …
Solved Freight terms of FOB shipping point mean that the: Chegg…
WebExpert Answer. When seller is sales the goods under FOB shipping point th …. View the full answer. Transcribed image text: FOB (free on board) destination Point means the seller is not responsible for the shipping charges. Select one: True False. WebFinal answer. PE 5-5B Transactions for buyer and seller Shore Co. sold merchandise to Blue Star Co. on account, $112,000, terms FOB shipping point, 2/10, n/30. The cost of the merchandise sold is $67,200. Shore Co. paid freight of $1,800. Journalize the entries for Shore Co. and Blue Star Co. for the sale, purchase, and payment of amount due. how can i find my blood group
Solved Accounting 100 1. Once the manufacturing process is Chegg…
WebQuestion: Freight terms of FOB shipping point mean that the: buyer must bear the freight costs (shipment cost). o seller must bear the freight costs (shipment cost). shipping company should bear the freight costs (shipment cost), both seller and buyer divide the freight cost (shipment cost). QUESTION 14 A busic assumption of accounting that … WebThe term "FOB Shipping Point" means The buyer pays the shipping cost. The seller pays the shipping cost. The buyer records transportation cost as an expense. The seller records transportation-out cost. This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer WebThe term FOB shipping point means the seller pays freight and debits Delivery Expense. the buyer pays freight and debits Delivery Expense. the buyer pays freight and debits Inventory. the seller pays freight and debits Inventory. Expert Answer 100% (1 rating) During free on board shipping,the buyer takes responsibility … View the full answer how can i find my bookmarks list