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Answered

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Are freight charges contra-asset?​

Sagot :

aragorn44aragorn

Answer:

When tou are shipping freight to your customers, the cost of making that delivery is an expense that comes out of your ledger as a debit. This is considered a selling expense and is known as freight-out. When you make a purchase and the supplier bills you for shipping, that is referred to as a freight-in.

Explanation:

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