Multiple Choice
On May 27,Ace Electronics ordered merchandise from Elmo Company.Elmo shipped the merchandise to Ace on May 31,FOB destination.The merchandise arrived at Ace's warehouse on June 2.Ace paid for the merchandise on July 1.When should Ace record the purchase?
A) May 27
B) May 31
C) June 2
D) July 1
Correct Answer:
Verified
Correct Answer:
Verified
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