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    Principles of Financial Accounting Study Set 1
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    If the Seller Delivers Products FOB Destination, What Entry Will
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If the Seller Delivers Products FOB Destination, What Entry Will

Question 132

Question 132

Multiple Choice

If the seller delivers products FOB destination, what entry will it record?


A) Freight Out Cash
B) Freight In Cash
C) Cost of Goods Sold Cash
D) Inventory Cash

Correct Answer:

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