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    Intermediate Accounting Study Set 3
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    Exam 8: Cost-Based Inventories and Cost of Sales
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    If Company a Were to Ship Goods to Company B
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If Company a Were to Ship Goods to Company B

Question 143

Question 143

True/False

If Company A were to ship goods to Company B under the terms f.o.b. shipping point and if the goods were destroyed in transit, the loss incurred on these goods ordinarily would not accrue to Company
A.

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