This topic contains a solution. Click here to go to the answer

Author Question: When goods are shipped FOB destination and the seller pays the freight charges, the buyer a. ... (Read 42 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
When goods are shipped FOB destination and the seller pays the freight charges, the buyer
 a. journalizes a reduction for the cost of the merchandise
  b. journalizes a reimbursement to the seller
  c. does not take a discount
  d. makes no journal entry for the freight

Question 2

How much interest will accrue over ten months on a 50,000, 6 loan?
 
  A) 3,000
  B) 3,600
  C) 300
  D) 2,500



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

D




SO00

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
Excellent


Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library