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A company using the perpetual inventory method paid cash for freight costs to purchase merchandise. Which of the following answers reflects the effects of this

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A company using the perpetual inventory method paid cash for freight costs to purchase merchandise. Which of the following answers reflects the effects of this event on the financial statements? Cash Flow Net Inc. Equity Exp. Liab. Rev. Assets + OA NA NA NA NA A. -OA NA NA NA NA NA +/- B. NA NA NA NA NA NA +/- C. OA NA NA + +/- NA D. I RESS

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