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The journal entry to record the companys purchase of merchandise on account for 2,750 with freight of 125 paid for by the company involves a
The journal entry to record the companys purchase of merchandise on account for 2,750 with freight of 125 paid for by the company involves a
Group of answer choices:
Debit to Freight-out for 125
Credit to Accounts Payable for 2,875
Debit to Purchases for 2,750
Credit to Cash for 2,875
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