9.When goods are shipped FOB destination and the seller pays the freight charges, the buyera. journalizes a reduction for the cost of the merchandiseb. journalizes a reimbursement to the sellerc. does not take a discountd. makes no journal entry for the freight10.Cumberland Co. sells $2,000 of inventory to Hancock Co. for cash. Cumberland paid $1,250 for the merchandise.Under a perpetual inventory system, which of the following journal entry (ies) would be recorded?11.Jacob Co. sells merchandise on credit to Isaiah Co. in the amount of $9,700. The invoice isdated on May 1 withterms of 1/15, net 45. What is the amount of the discount and up to what date must the invoice be paid in order forthe buyer to take advantage of the discount?