Freight costs are expensed in __________ for the purchaser and as a _________ for the...

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Accounting

Freight costs are expensed in __________ for the purchaser and as a _________ for the seller of inventory.
Select answer from the options below
cost of goods sold; selling expense
trade discounts; a reduction of Sales Revenue
prepaid expenses; loss on the sale
selling expenses; a reduction of Sales Revenue

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