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Question 6 (1 point) What is the effect of the following freight transaction on the element indicated? You sold inventory with shipping terms FOB shipping

Question 6 (1 point) What is the effect of the following freight transaction on the element indicated? You sold inventory with shipping terms FOB shipping point. Shipping costs $295 cash. --- Assets 1) decrease 21 increase to one and decrease to another increase 4) no effect

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