Periodic Inventory - Freight Costs

As with other purchasing activities, any delivery costs paid by our company to receive our Inventory is kept in an account separate from our main Inventory account (Freight In). These costs eventually increase the value of our Inventory.

Concept: Periodic Inventory: Freight Costs (FOB Shipping Point)

5m

Concept: Periodic Inventory: Freight Costs (FOB Destination)

3m