If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are Answers: a. consigned b, n/30 FOB destination C. d. FOB shipping point

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter14: Adjustments And The Work Sheet For A Merchandising Business
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stion 2
If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are
Answers:
consigned
a.
b. n/30
FOB destination
C.
d. FOB shipping point
Transcribed Image Text:stion 2 If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are Answers: consigned a. b. n/30 FOB destination C. d. FOB shipping point
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