Freight-In
Revision as of 09:04, 20 December 2018 by Gary (talk | contribs) (Created page with "Freight-In is a cost of goods sold account that records the shipping cost to the buyer. ==Definitions== According to College Accounting: A Practical Approach by Slater...")
Freight-In is a cost of goods sold account that records the shipping cost to the buyer.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Freight-In. A cost of goods sold account that records the shipping cost to the buyer.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
