Please reply fast Select the best response for the blank spaces....
80.2K
Verified Solution
Link Copied!
Question
Accounting
Please reply fast
Select the best response for the blank spaces. Merchandise was purchased by a retailer on terms of FOB shipping point. While the stock is being transported (e.g. in transit), the goods are included in the inventory of as O a. Select one: the retailer; the retailer pays for freight costs. O b. the retailer; the retailer owns the merchandise. O c. the supplier; the supplier owns the merchandise. O d. the supplier; the supplier pays for freight costs
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!