Does each of the following items increase or decrease the cost of goods sold? (a) Freight in,

Question:

Does each of the following items increase or decrease the cost of goods sold?
(a) Freight in,
(b) Beginning inventory,
(c) Purchases discounts,
(d)
Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...