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Freight costs incurred when an operating asset is purchased should generally be Expensed in the period incurred Deducted from the accumulated depreciation account Added to
Freight costs incurred when an operating asset is purchased should generally be
- Expensed in the period incurred
- Deducted from the accumulated depreciation account
- Added to the cost of the new asset
- Not recorded in the accounts
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
