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What the freight costs should be included in black

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Problem 1: Black Co., a consignee, paid the freight costs for goods shipped from White Co., a consignor. These freight costs are to be deducted from Black's payment to White when the consignment goods are sold. Until Black sells the goods, the freight costs should be included in Black's

a. Cost of goods sold         c. Selling expenses

b. Freight-out costs             d. Receivable

Reference no: EM132776378

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