Question
On March 3 we paid freight charges of $500 on merchandise purchased from Annex Co. on March 1. a. Merchandise Inventory 500 Cash 500 b.
On March 3 we paid freight charges of $500 on merchandise purchased from Annex Co. on March 1. a. Merchandise Inventory 500 Cash 500 b. Delivery Expense 500 Cash 500 c. Freight-Out 500 Cash 500 d. Cost of Merchandise Sold 500 Cash 500 e. None of the above
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College Accounting Chapters 1-30
Authors: David Haddock, John Price, Michael Farina
16th Edition
1260247902, 978-1260247909
