Journal Entry FOB

jodyllj · #1 Oct 25, 2007, 03:55 PM

How does FOB shipping point or destination figure in to a purchase or a sale using the periodic method? Is it just included in the amount of purchase or sale or is there some sort of adjustment that needs to be made?

Thanks in advance

jodyllj · Oct 25, 2007, 06:09 PM

Nevermind... I figured it out... but thanks for looking



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