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    Intermediate Accounting Study Set 8
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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
  5. Question
    When Using a Perpetual Inventory System, Freight Charges on Goods
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When Using a Perpetual Inventory System, Freight Charges on Goods

Question 92

Question 92

True/False

When using a perpetual inventory system, freight charges on goods purchased are debited to Freight-In.

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