Periodic Inventory - Freight Costs Video Lessons

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Problem: Which of the following accounts is used in a periodic inventory system to record the cost of freight to transport purchased merchandise? a. Merchandise inventory b. Miscellaneous expense c. Purchases d. Transportation-in

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Which of the following accounts is used in a periodic inventory system to record the cost of freight to transport purchased merchandise?

a. Merchandise inventory

b. Miscellaneous expense

c. Purchases

d. Transportation-in

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