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ABC Inc paid $50 to deliver goods to customers FOB destination. The $50 will be what type of cost: An asset - debited to the

ABC Inc paid $50 to deliver goods to customers FOB destination. The $50 will be what type of cost:

An asset - debited to the merchandise inventory account

An expense - debited to the cost of goods sold account

An expense - debited to the transportation - out account

A liability - debited to the accounts payable account

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