This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When goods are shipped FOB destination and the seller pays the freight charges, the buyer a. ... (Read 88 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jul 5, 2018
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
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

D


SO00

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
effect of pH on ionization and charges of amines and carboxylic acid effect of pH on ionization and charges of amines and carboxylic acid
Two tiny particles having charges of +7.00 μC and -9.00 μC are placed along the y-axis. The ... Two tiny particles having charges of +7.00 μC and -9.00 μC are placed along the y-axis. The ...
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library