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Lindberg Corporation purchased $100,000 of airplane propellers from Chanute Corporation, FOB shipping point. The freight charges were $2,000, payable by the buyer. How would Lindberg

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Lindberg Corporation purchased $100,000 of airplane propellers from Chanute Corporation, FOB shipping point. The freight charges were $2,000, payable by the buyer. How would Lindberg record the freight costs? Debit Shipping charges expense $2,000 Credit Freight-in $2,000 Debit Freight-in $2,000 Credit Cash $2,000 There would be no recordation by Lindberg, as a buyer on an FOB shipping point contract is not liable for freight-in costs. Debit Cash $2,000 Credit Freight-in $2,000

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