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Fry company uses the perpetual inventory system and purchases merchandise inventory with shipping terms FOB tipping point. They would record the freight charges as A.)

Fry company uses the perpetual inventory system and purchases merchandise inventory with shipping terms FOB tipping point. They would record the freight charges as
A.) A debit to merchandise inventory
B.) A credit to merchandise inventory
C.) A debit to delivery expense
D) A debit to cost of goods sold
E) none of these

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