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Author Question: When goods are shipped FOB destination and the seller pays the freight charges, the buyer a. ... (Read 44 times)

SO00

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  • 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


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matt

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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
:D TYSM

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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