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Taylor Alicea
on Oct 15, 2024

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If the seller is responsible for paying freight charges,then ownership of inventory passes when goods arrive at their destination.

Freight Charges

Fees associated with the transportation of goods over distance, typically paid by the shipper or receiver.

Inventory Ownership

Refers to having legal title to goods and merchandise stored within a firm's warehouse or storage facility.

  • Acquire knowledge on the handling and bookkeeping of merchandise in transit and on consignment.
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Preston MoodleyOct 19, 2024
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