Who bears the transportation costs when the terms of sale are (a) FOB shipping point, (b) FOB…

What is the meaning of (a) 2/10, n/60; (b) n/30; (c) n/eom?

What is the nature of (a) a credit memorandum issued by the seller of merchandise, (b) a debit memorandum issued by the buyer of merchandise?

Who bears the transportation costs when the terms of sale are (a) FOB shipping point, (b) FOB destination?