Periodic Inventory - Freight Costs Video Lessons

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Problem: Kyla Shoe Inc. purchased merchandise from Coles Company with freight terms of FOB shipping point. The freight costs will be paid by the  a. seller. b. buyer. c. transportation company. d. buyer and the seller.

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Problem Details

Kyla Shoe Inc. purchased merchandise from Coles Company with freight terms of FOB shipping point. The freight costs will be paid by the 

a. seller.

b. buyer.

c. transportation company.

d. buyer and the seller.

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