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    Accounting for Merchandising Operations

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    I don't understand how to account for the different shipping terms (FOB shipping point, destination and etc.) How do you specially account for terms such as 1/10, n/30?

    For your convenience and as per your instructions, I have attached a APA formatted MS Word file, which explains the meaning of the different shipping terms (eg., FOB shipping point) and invoicing terms (eg., 1/10, net/30). I have also cited reference sources which you might find very instructive and informative about the subject matter.

    © BrainMass Inc. brainmass.com June 3, 2020, 8:31 pm ad1c9bdddf
    https://brainmass.com/business/accounting/accounting-for-merchandising-operations-142078

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    For your convenience and as per your instructions, I have attached a APA formatted MS Word file, which explains the meaning of the different shipping terms (eg., FOB shipping point) and invoicing terms (eg., 1/10, net/30). I have also cited reference sources which you might find very instructive and informative ...

    Solution Summary

    Attached is a APA formatted MS Word file, which explains the meaning of the different shipping terms (eg., FOB shipping point) and invoicing terms (eg., 1/10, net/30). I have also cited reference sources which you might find very instructive and informative about the subject matter.

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