ACCOUNTING * We aren't endorsed by this school
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    Hilaree Alexander, James Johnson, Alan Guthrie, Conniejo Brown, Albert Kelly, Edward Haskin, Dan Reese, Bob Miniti, Vanna Kimble, robbijeffers, Joan Gustafson, Chris Lyons, Dr. Ajimoko
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  • 35 terms

    Term:

    F.o.b destination

    Definition:

    Freight term indicating that shipped goods are placed free on board (“f.o.b.”) to the buyer's place of business and the seller pays the freight costs; the goods belong to the seller while in transit and title passes to the buyer when the buyer receives the goods from the shipping carrier.

    • Intermediate Accounting Key words
    • 35 terms
    • Vocabulary for Intermediate Accounting Key words. Find, create, and access Accounting flashcards with Course Hero.

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