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Match the Terms with the Descriptions Related to Merchandise Sales

Question 70

Multiple Choice

Match the terms with the descriptions related to merchandise sales and purchases.
-Shipping costs paid to acquire merchandise.


A) Transportation-in
B) Perpetual inventory system
C) Net purchasesd.
D) FOB Destination
E) Cost of goods available for sale
F) Periodic inventory system
G) FOB Shipping point
H) Delivery expense

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