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Select all correct statements regarding freight. Freight charges paid by the seller are expensed through the operating expense freight-out. Freight charges paid by the buyer

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Select all correct statements regarding freight. Freight charges paid by the seller are expensed through the operating expense "freight-out." Freight charges paid by the buyer are charged to the asset account "inventory." Freight charges are accounted for in the same manner no matter if the buyer or seller pays for them

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