Accountancy, asked by npalkrishna2001, 10 months ago

where we have to place
freight in. and
freight out in final accounts​

Answers

Answered by bhuvanas938
0

Answer:

What

Explanation:

I can't understand

Answered by sharonthomas28
6

Answer:

If the freight classification is FOB destination, then the seller records the transportation cost as freight-out, transportation-out or delivery expense. If there is no entry in the ledge for this expense, create one. FOB destination requires a debit to freight-in and a credit to accounts payable.

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