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Perpetual Inventory - Freight Costs
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Perpetual Inventory - Freight Costs
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4. Merchandising Operations / Perpetual Inventory - Freight Costs / Problem 4
Problem 4
In a perpetual inventory system, how are freight costs treated when the buyer is responsible for them?
A
They are deducted from the inventory value.
B
They are added to the inventory value.
C
They are ignored in the accounting records.
D
They are recorded as a separate expense.
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