D Question 23 Select the correct analysis and entry for the following transaction for ABC Company. ABC purchased $6,500 of merchandise inventory on account, FOB Destination. The shipping cost of $65 were paid in cash by the appropriate party. Select the option that represents how ABC should record the shipping cost. Account DR CR 65 Option A Inventory Cash 65 Account DR CR 65 Option B Shipping Expense Cash 65 Account DR CR 65 65 DR CR Option C Freight-Out Accounts Payable Account Option D Cash Inventory 65 65 ho Option E No Entry Required - Seller Pays Freight