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Leonard Company paid freight costs to have goods shipped to one of its customers. What effect will the payment of these freight costs have
Leonard Company paid freight costs to have goods shipped to one of its customers. What effect will the payment of these freight costs have on the company's financial statements? Balance Sheet Income Statement Assets: Liabilities + A.. +/- NA Stockholders' Equity NA Revenue NA Expenses NA Net Income Statement of Cash Flows B. + NA. NA C. NA NA D. NA NA 3+3 3 NA NA 333 NA -OA NA -OA -OA NA -IA Multiple Choice Option A Option B Ontion C
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