Question

Satoor, inc., which uses a periodic inventory system, purchased merchandise from taye company on july 7, 2013, for $15,000. the credit terms were 1/10, n/30. the goods were shipped fob shipping point on july 7, 2013. satoor, inc. received the merchandise on july 10 and paid the amount due on july 15. refer to the information provided for satoor, inc. who is responsible for payment of the transportation costs on the merchandise sold?
a. seller.
b. split equally between the two companies.
c. cannot be determined from the information provided.
d. buyer.

Answer 1

Sorry I️ don’t know at all