how do you record 83,000 of inventory that was delivered FOB destination. freight costs of...

80.2K

Verified Solution

Question

Accounting

how do you record 83,000 of inventory that was delivered FOB destination. freight costs of 1,660 were paid in cash by the responsible party. how do you record on a financial statements model?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students