menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 7: Special Journals and Subsidiary Ledgers: the Basics: Purchases and Cash Payments Journals
  5. Question
    F.O.B. Shipping Point Means
Solved

F.O.B. Shipping Point Means

Question 86

Question 86

Multiple Choice

F.O.B. shipping point means


A) the buyer pays for the freight.
B) the seller pays for the freight.
C) the title passes at time of shipment.
D) both A and C are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q59: The seller's sales invoice is the buyer's

Q81: A Schedule of Accounts Payable is an

Q82: Compare and contrast the controlling account Accounts

Q84: Which is the correct order of buying

Q85: Determine the amount to be paid within

Q87: The Schedule of Accounts Payable is listed

Q88: Credit terms of 3/10, Net 30 permit

Q89: The account Inventory includes the shipping costs

Q90: The entry to record a payment sent

Q91: When the terms are F.O.B. shipping point,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines