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    Accounting Study Set 3
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    Exam 5: Merchandising Operations
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    Portian Merchandisers Has Purchased Merchandise on Account and Paid $450
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Portian Merchandisers Has Purchased Merchandise on Account and Paid $450

Question 109

Question 109

Essay

Portian Merchandisers has purchased merchandise on account and paid $450 for freight in.Give the journal entry for freight paid.(Assume a perpetual inventory system. )

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