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    Financial Accounting Study Set 2
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    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    The Buyer Must Include Goods Purchased FOB Shipping Point in Its
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The Buyer Must Include Goods Purchased FOB Shipping Point in Its

Question 66

Question 66

True/False

The buyer must include goods purchased FOB shipping point in its inventory account if the goods are still in transit.

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