Assuming a periodic inventory system is used, freight charges on merchandise purchases should be debited to Multiple Choice the Freight In account the Accounts Payable account the Purchases account the creditor 's account in the subsidiary ledger ...

Assuming a periodic inventory system is used, freight charges on merchandise purchases should be debited to: Multiple

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Assuming a periodic inventory system is used, freight charges on merchandise purchases should be debited to:

Multiple Choice

the Freight In account.
the Accounts Payable account.
the Purchases account.
the creditor's account in the subsidiary ledger.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Posted Date: Jan 11, 2021 06:04 AM

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Assuming a periodic inventory system is used, freight charges on merchandise purchases should be debited to: Multiple

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Financial Accounting Tools for business decision making

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