Question

freight costs incurred by a seller on merchandise sold to customers will cause an increase question 9 options: in the selling expenses of the buyer. in operating expenses for the seller to a contra-revenue account of the seller to the cost of goods sold of the seller.

Answer 1

1. The correct answer is b. in operating expenses for the seller. The question states the costs are incurred by the seller and freight costs are expenses that are presented as part of the operating expenses of the seller.