Goods in transit which are shipped f.o.b.destination should be included
A)in the inventory of the buyer.
B)in the inventory of the seller.
C)in the inventory of the shipping company.
D)in no one's inventory until they arrive at their destination.

Question

Quizplus · Accepted Answer

Goods shipped f.o.b. (free on board) destination remain the property of the seller until they reach the buyer's location, so they should be included in the seller's inventory until delivery.

Goods in Transit Which Are Shipped F