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Freight Charges on Merchandise Purchases Should Be Debited to

Question 32
Multiple Choice

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.

Related questions
Q 33
The Purchases account is A) a permanent account. B) a temporary account. C) a subsidiary account. D) a liability account.
Q 34
Purchases of merchandise on credit should be recorded in A) the purchases journal. B) the general journal. C) the cash payments journal. D) the sales journal.
Q 35
The source document for recording a purchase of merchandise on credit is A) the purchase order. B) the purchase invoice. C) the receiving report. D) the purchase requisition.
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