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harra harra
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6 years ago
In a periodic inventory system, the entry to record the payment of shipping costs by the company buying the merchandise when the terms are FOB shipping point would include a:
A) debit to Freight In.
B) debit to Delivery Expense.
C) credit to Cost of Goods Sold.
D) credit to Freight Out.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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6 years ago
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harra Author
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#2
6 years ago
Great answer
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