Question:

With regard to the accounts used to record freight costs...?

by Guest33237  |  earlier

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A) Freight-out is added to cost of goods sold

B) freight out's normal balance is a debit

C) freight-out is recorded when freight terms are FOB shipping point

D) freight-out is a contra account to sales

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  1. B) freight out's normal balance is a debit

    It's also known as transportation out or delivery charges and is a selling expense, hence debit, like all expenses.

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