16) Which of the following statements is correct?
A. Freight In is subtracted from Purchases to arrive at delivered cost of purchases.
B. Another name that may be used for the Freight In account is "Transportation In."
C. Freight charges that are listed on the invoice received from a supplier are not part of the total credit to Accounts Payable to record the credit purchase.
D. None of these statements is correct
This question was answered on: May 23, 2022
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