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    Principles of Financial Accounting Study Set 1
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    Exam 6: Inventory Costing
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    While Goods Purchased FOB Destination, and Shipped by Train and Then
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While Goods Purchased FOB Destination, and Shipped by Train and Then

Question 120

Question 120

Multiple Choice

While goods purchased FOB destination, and shipped by train and then truck, are in transit, the goods should be included in the inventory of the


A) seller.
B) purchaser.
C) train company.
D) truck company.

Correct Answer:

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