rces P les Question Completion Status: QUESTION 3 Yoshi is a merchandiser who sells racing karts, Yoshi just purchased 50 new karts from Mario on "FOB shipping pointers The freight cost associated with this purchase was $1.000 (assume it was paid in cash). How should Yoshi account for these freight costs? Debit-Cost of goods sold $1,000; Credit Cash $1,000 No entry required by Yoshi as the sale was made "FOB shipping point" Debit-Freight Expense-$1,000; Crede-Cash $1,000 Debit-Inventory $1,000; Credit Cash $1,000 QUESTION 4 Link is a seller of accessories. On January 1, 2020, Link sells $100,000 of accessories to Luigi on account with terms of "2/10 net 30 terma". The cost of of these goods to Link was $70,000. What entries does Link record upon the sale of these goods on January 1, 20200 Debit-Accounts Receivable $100,000 Credit Gross Profit $30,000: Credit Inventory $70,000 Not enough information available to answer this question Debit Accounts Receivable $100,000; Credit-Sales $100,000 and Debit-Cost of Goods Sold $70,000: Crede-inventory $70,000 Debit Accounts Receivable $100.000; Credit Inventory $100,000 and Debit Cost of Goods Sold $70,000: Credit Sales $70,000 1 points 1 points SA See and Sam