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If the buyer is to pay the freight costs of delivering merchandise, delivery terms are stated as a. FOB shipping point b. FOB buyer c. FOB destination d. FOB n/30. c. FOB destination. If the seller is to pay the freight costs of delivering merchandise, the delivery terms are stated as a. FOB shipping point b. FOB destination
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If the seller is to pay the delivery expense of delivering merchandise, the delivery terms are stated as* FOB destination. If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are*
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If the cost of an item of inventory is $56.00 and the current replacement cost (market) is $68.00, what is the amount included in inventory according to the lower of cost or market? $56.00 Generally, the revenue account for a merchandising business is entitled
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If the buyer is to pay the freight costs of delivering merchandise, delivery terms are stated as FOB shipping point Taking advantage of a 2/10, n/30 purchases discount is equal to …
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FOB shipping point since in FOB shipping point delivery term, the buyer has to pay the freight cost of delivering the merchandise. FOB shipping point stands for Free on board shipping point. In this delivery term, the seller will not pay any delivery expenses and the buyer must pay to get the delivery …
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The arrangements between buyer and seller as to when payments for merchandise are to be made are called a. cash on demand b. credit terms c. gross cash d. net cash
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Answer to 10. If the buyer is to pay the freight costs of delivering merchandise, delivery terms are stated as a. FOB shipping po...
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Dec 21, 2010 · If buyer pays the freight cost of delivering merchandise what is the delivery term? ... cost of delivering merchandise what is the delivery ... on the truck and the buyer is responsible to pay …
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Oct 12, 2012 · CIF m mean is: the seller pay the Cost, insurance and freight to distance port. CIF means the buyer insures the goods for the maritime phase of the voyage, the shipper/seller will insure the merchandise. In this arrangement, the seller usually chooses the forwarder. "Delivery" as above, is accomplished at the port of destination.
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Nov 30, 2015 · Merchandise with an invoice price of $3,000 is purchased on September 2 subject to terms of 2/10, n/30, FOB destination. Freight costs paid by the seller totaled $200. Freight costs paid by the seller totaled $200.
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