menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 11: Preparing a Worksheet for a Merchandise Company
  5. Question
    Freight-In
Solved

Freight-In

Question 41

Question 41

Multiple Choice

Freight-in:


A) adds to the Cost of Goods Sold.
B) reduces the Cost of Goods Sold.
C) does not affect Cost of Goods Sold.
D) increases operating expenses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: Mortgage Payable is a contra-liability account.

Q37: The normal balance for Unearned Rent Revenue

Q38: Accumulated Depreciation - Buildings should be shown

Q39: Depreciation on equipment was recorded twice this

Q40: For each of the following, identify in

Q42: The adjustment for Accrued Salaries would be

Q43: The second entry to adjust Merchandise Inventory

Q44: Sales would be found on the worksheet

Q45: The perpetual inventory method:<br>A) is used by

Q46: Sam received $8,000 in advance for renting

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines