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The journal entry to record the purchase of merchandise on account for $3,650 with freight...

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Accounting

The journal entry to record the purchase of merchandise on account for $3,650 with freight of $215 prepaid by their supplier and added to the invoice is:

Multiple Choice

  • debit Accounts Receivable $3,865; credit Sales $3,865

  • debit Purchases $3,650, debit Freight In $215; credit Accounts Payable $3,865

  • debit Accounts Payable $3,865, credit Freight in $215; credit Purchases $3,650

  • debit Purchases $3,650; credit Accounts Payable $3,650

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