menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 13: Completion of the Accounting Cycle for a Merchandising Company
  5. Question
    Freight-In Is
Solved

Freight-In Is

Question 1

Question 1

Multiple Choice

Freight-in is


A) a Cost of Selling Goods.
B) a Cost of Purchasing Goods.
C) recorded as an Operating Expense.
D) recorded as an asset.

Correct Answer:

verifed

Verified

Related Questions

Q2: Other Expense is used to record<br>A) selling

Q3: Accounts payable is a(n)<br>A) current liability.<br>B) long-term

Q4: In what category in a classified balance

Q5: Operating expenses that are not related to

Q6: Other Income is used to<br>A) record income

Q7: Net income from operations plus other income

Q8: Which of the following could be recorded

Q9: To determine how much a company has

Q10: The capital account in the ledger agrees

Q11: If Net Sales is $7,000, Cost of

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