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The journal entry to record the purchase of merchandise on account for $3,650 with freight of $215 prepaid by their supplier and added to the
The journal entry to record the purchase of merchandise on account for $3,650 with freight of $215 prepaid by their supplier and added to the invoice is:
Multiple Choice
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debit Accounts Receivable $3,865; credit Sales $3,865
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debit Purchases $3,650, debit Freight In $215; credit Accounts Payable $3,865
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debit Accounts Payable $3,865, credit Freight in $215; credit Purchases $3,650
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debit Purchases $3,650; credit Accounts Payable $3,650
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