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The journal entry to record the payment of cash to FedEx for shipping costs for inventory purchased FOB shipping point includes a ______. (Select all
The journal entry to record the payment of cash to FedEx for shipping costs for inventory purchased FOB shipping point includes a ______. (Select all that apply.) Multiple select question. debit to Inventory credit to Accounts Payable stockholders' equity to increase debit to Cost of Goods Sold stockholders' equity to decrease debit Transportation-in Expense credit to Cash
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