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Required information [The following information applies to the questions displayed below.] The following events apply to Deb's Dance Wholesalers. 1) Sold merchandise to a
Required information [The following information applies to the questions displayed below.] The following events apply to Deb's Dance Wholesalers. 1) Sold merchandise to a customer. The goods were shipped FOB destination, with a freight cost of $58 2) Purchased merchandise with freight cost of $83, shipped with the terms FOB shipping point 3) Sold merchandise to a customer with freight cost of $60, shipped FOB shipping point Required: b) What is the amount of the expense that will be recorded with regards to freight costs paid by Deb's Dance Wholesalers? Expense
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