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Under the perpetual inventory system, the journal entry to record the freight paid by the seller on goods sold is: O A. Delivery Expenses Cash

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Under the perpetual inventory system, the journal entry to record the freight paid by the seller on goods sold is: O A. Delivery Expenses Cash XX XX XX OB. Accounts Receivable Freight Out Sales Revenue OC. Merchandise Inventory Cash XX XX XX XX OD. Cost of Goods Sold Cash XX XX

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