Which Goods in Transit Would Not Be Recorded in the Seller's

question 132

Multiple Choice

Which goods in transit would not be recorded in the seller's inventory at year end?

• A)Goods sold with terms F.O.B. destination point that were shipped at year end.
• B)Goods sold with terms F.O.B. shipping point that were shipped one day before year end.
• C)Goods sold F.O.B. destination point that remained on the shipping dock until one day after year end.
• D)Goods sold F.O.B. shipping point that were shipped two days after year end.

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