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Assuming a periodic inventory system is used, freight charges on merchandise purchases should be debited to: Multiple Choice the Freight In account. the Accounts Payable

Assuming a periodic inventory system is used, freight charges on merchandise purchases should be debited to:

Multiple Choice

  • the Freight In account.

  • the Accounts Payable account.

  • the Purchases account.

  • the creditor's account in the subsidiary ledger.

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