Accountancy, asked by farnajbegum7871, 10 months ago

What is the journal entry for freight on machinery purchased?

Answers

Answered by EkVillian
2

hlo mate ✌️

Assuming you are paying by check (cash) at the time you order the goods… Debit; freight (this account being an expense account on the income statement section of your chart of accounts “COA”).

Hope it helps.

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