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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
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the Freight In account.
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the Accounts Payable account.
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the Purchases account.
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the creditor's account in the subsidiary ledger.
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