Post, Freight and Carriers

need to do general journal?

issued check 40 to the oroville company for $2.00 as payment in full on invoice that was received today. the invoice is for freight charges on merchandise delevered to customers under shipping terms of FOB destination.

Public Comments

1. Under shipping terms FOB destination, the seller is responsible for paying the shipping charges. So your entry: Dr Transportation out $2.00 Cr Cash $2.00 Tpt out is also variously called carriage outwards, freight outwards, delivery charges or such similar terms