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BSP Corporation purchased inventory from RSR Corporation on account, $1,000. BSP also paid $100 freight to reimburse RSR for its payment to the common carrier
BSP Corporation purchased inventory from RSR Corporation on account, $1,000. BSP also paid $100 freight to reimburse RSR for its payment to the common carrier that transported the merchandise. The $100 freight charge is likely to be found on:
a.The bill of lading.
b. RSR Corporation's invoice.
c. Both the bill of lading and RSR Corporation's invoice.
d.Either the bill of lading or RSR Corporation's invoice, but not both
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