Freight charges on merchandise purchases should be debited to
A. the Purchases account.
B. the Accounts Payable account.
C. the Freight In account.
D. the Creditor's account in the subsidiary ledger.
Answer: C
Freight charges on merchandise purchases should be debited to
A. the Purchases account.
B. the Accounts Payable account.
C. the Freight In account.
D. the Creditor's account in the subsidiary ledger.
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