Multiple Choice
On November 27,Acme,Inc.ordered merchandise from Zenith Company.Zenith shipped the merchandise to Acme on November 29,FOB destination.The merchandise arrived at Acme's warehouse on December 1.Acme paid for the merchandise on January 2.When should Acme record the purchase?
A) November 27
B) November 29
C) December 1
D) January 2
Correct Answer:
Verified
Correct Answer:
Verified
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