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    Intermediate Accounting Study Set 10
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    Exam 8: Inventory
  5. Question
    Goods in Transit Which Are Shipped F
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Goods in Transit Which Are Shipped F

Question 58

Question 58

Multiple Choice

Goods in transit which are shipped f.o.b.destination should be


A) included in the inventory of the seller.
B) included in the inventory of the buyer.
C) included in the inventory of the shipping company.
D) none of these.

Correct Answer:

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