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Revised Fall 2012 - Harper College

Revised Fall 2012 - Harper College

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Transportation (Freight) Costs: FOB Shipping Point – Purchaser is responsible for paying the shipping charges. They are usually prepaid by the seller and added to the invoice. Buyer adds the shipping costs to inventory. If seller prepays, seller has a receivable from buyer.

  Fall, Prepaid, Revised, 2012, Freight, Revised fall 2012

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