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    Horngrens Accounting Study Set 2
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    Exam 5: Merchandising Operations and the Accounting Cycle
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    Which of the Following Is True About Freight In
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Which of the Following Is True About Freight In

Question 148

Question 148

Multiple Choice

Which of the following is true about freight in?


A) Freight in is added to the cost of merchandise inventory.
B) Freight in is a selling expense.
C) Freight in is an operating expense.
D) Freight in is deducted from Accounts payable.

Correct Answer:

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