Under a Periodic Inventory System, Shipping Costs Are Not Charged

question 189

Short Answer

Under a periodic inventory system, shipping costs are not charged to the inventory asset account. Instead, such costs are charged to the ____________________ account.

---

Definitions:

Dominant Defensiveness

Characterizes a behavioral response in which individuals assert control or superiority excessively to protect themselves from perceived threats or criticism.

Submissive Behavior

Actions characterized by a willingness to yield to the control or authority of others, often demonstrated through body language or deferential conduct.

Cognitive Infocommunications

An interdisciplinary field that focuses on the study and design of systems for human-computer interaction and communication, integrating cognitive science and information communication technologies.

Information Communication Technology

Encompasses all digital technologies that facilitate the capturing, processing, storage, and exchange of information in various formats.