Skip to main content
Financial Accounting
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Back
Perpetual Inventory - Freight Costs
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Perpetual Inventory - Freight Costs
Download worksheet
Practice
Summary
1 of 10
Next
4. Merchandising Operations / Perpetual Inventory - Freight Costs / Problem 1
Problem 1
How do freight costs under FOB Shipping Point terms affect the balance sheet of the buyer?
A
Decrease inventory and increase liabilities
B
Increase inventory and decrease liabilities
C
No effect on inventory or liabilities
D
Increase inventory and increase liabilities
AI tutor
0
Show Answer