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    Exam 5: Accounting for Merchandising Operations
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    Under the Perpetual System, Freight Costs Incurred by the Buyer
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Under the Perpetual System, Freight Costs Incurred by the Buyer

Question 157

Question 157

Multiple Choice

Under the perpetual system, freight costs incurred by the buyer for the transporting of goods is recorded in


A) Freight Expense.
B) Freight - In.
C) Inventory.

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