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The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is:

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The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is debit Purchases $2,750, debit Freight in $125, credit Accounts Payable $2,875. To accurately record the journal entry for each part of the transaction it is imperative to make sure each go into their designated section.
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User Yurii Motov
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