Question: If a purchaser using a perpetual system agrees to freight terms of fob shipping point, then the: a. merchandise inventory account will be increased. b.

If a purchaser using a perpetual system agrees to freight terms of fob shipping point, then the:

a. merchandise inventory account will be increased.

b. merchandise inventory account will not be affected.

c. carrier will bear the freight cost.

d. seller will bear the freight cost.

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