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A purchase of merchandise costing $2.000 is made on June 20, terms 2/10, net/30, FOB Origin. The cost of freight to transport the merchandise to

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A purchase of merchandise costing $2.000 is made on June 20, terms 2/10, net/30, FOB Origin. The cost of freight to transport the merchandise to the buyer's warehouse is $70. In which accounts will the buyer record the transaction? Inventory, Freight Expense, and Accounts Payable. Inventory and Accounts Payable. Inventory and Cost of Goods Sold. None of the above

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