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QUESTION Deitec, uc (the buyer) purchased inventory for $600 and paid cash for shipping charges of s75 on February 10oth, What entry should Deltec. make
QUESTION Deitec, uc (the buyer) purchased inventory for $600 and paid cash for shipping charges of s75 on February 10oth, What entry should Deltec. make to record the payment of shipping charges? oa Date Account Titles Debit Credit Feb. 10 Cost of Goods Sold 75.00 Cash 75.00 Paid cash for shipping of inventory b Date Account Titles Debit Credit Feb. 10 Delivery Expense 75.00 75.00 Cash Paid cash for shipping of inventory | Account Titles c| Debit Credit Date Feb 10 Cash 75.00 75.00 Inventory Paid cash for shipping of inventory od Date Account Titles Feb. 10 Inventory Debit Credit 75.00 Cash 75.00 Paid cash for shipping of inventory
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