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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.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


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