Match each of the following terms (a-h) with the correct definition below. Clear All Credit terms FOB destination FOB shipping point Periodic inventory system Perpetual inventory system Inventory shrinkage Shipping terms where the ownership of merchandise passes to the buyer when the buyer receives the merchandise. Losses of inventory due to theft, damage, spoilage, etc. that cause the actual inventory on hand to be less than that on record. Statement where net income is determined by deducting all expenses from all revenues. Payment arrangements determined by the seller as to when invoices are due and whether early payment discount is offered. Inventory system that updates the inventory account for every purchase and sale transaction. Inventory system that updates the inventory account only at the end of the accounting period based on a physical count of