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A retailer has a perpetual inventory system. The retailer purchases inventory from a supplier on...

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Accounting

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A retailer has a perpetual inventory system. The retailer purchases inventory from a supplier on FOB destination terms. What account, if any, would be debited by the retailer for the cost of shipping goods to the retailer? O a. Select one: No journal entry O b. Merchandise Inventory O c. Cost of Goods Sold O d. Freight In O e. Freight Out

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