What if the freight charges on a new desk for the owner were journalized and posted to

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What if the freight charges on a new desk for the owner were journalized and posted to the Freight In account? Would this affect the Cost of Goods Sold section? If so, how?

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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Question Posted: Oct 21, 2014 02:29 AM

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If an incorrect amount is journalized and posted to the accounts, how should the error be corrected?
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What if the freight charges on a new desk for the owner were journalized and posted to

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Yes It would cause the Freight In account to have a greater ...View the full answer

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