If the perpetual inventory system is used to record the purchase and sale of goods,the account used to record shipping charges is the
A) purchases account.
B) merchandise inventory account.
C) transportation in account.
D) freight in account.

Question

Quizplus · Accepted Answer

The Answer of If the perpetual inventory system is used to record the purchase and sale of goods,the account used to record shipping charges is the
A) purchases account.
B) merchandise inventory account.
C) transportation in account.
D) freight in account.

If the Perpetual Inventory System Is Used to Record the Purchase