Freight in should be added to the inventory account if the firm uses the perpetual inventory method.

Name: Freight in should be added to the inventory account if the firm uses the perpetual inventory method.
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Quizplus · Accepted Answer

When using the perpetual inventory method, freight in should be added to the inventory account as part of the cost of goods sold. This helps to accurately reflect the total cost of acquiring and holding inventory.

Freight in Should Be Added to the Inventory Account If