martinmethod.com cost of goods sold is a permenat MAIN MENU n arta MenAssignment: 5. Merchandising Firms, Perpetual Inventory (Unit 5) FILL IN PROBLEMS (none) MULTIPLE CHOICE Question 5: Assuming a perpetual inventory system, if goods are shipped FOB destination, what account would the freight costs be recorded in by the seller? No account since the freight is paid by the buyer Inventory Delivery or Shipping Expense or Freight-out Freight-in 9% TIMER: 21:05u