a . no Purchases account is used .
b . a Cost of Goods Sold account is used .
c . two entries are required to record a sale .
d . all of these .
32 . Goods in transit which are shipped f . o . b . shipping point should be
a . included in the inventory of the seller .
b . included in the inventory of the buyer .
c . included in the inventory of the shipping company .
d . none of these .