Multiple Choice
Which one of the following should be included in Camden's inventory at December 31, 2017?
A) Goods shipped FOB shipping point on December 31, 2017, from Camden to a customer.
B) Goods in the Camden's warehouse on December 31, 2017, waiting to be shipped to a customer.
C) Goods ordered from one of Camden's suppliers on December 31, 2017, shipped FOB destination on December 31, 2017, which arrived January 2, 2018.
D) Goods sold and shipped to a customer on December 30, 2017, terms FOB destination, which were delivered on December 31, 2017.
Correct Answer:
Verified
Correct Answer:
Verified
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