Taha Company purchased $9,000 of inventory under terms FOB destination. Freight cost amounted to $300. The cost of inventory and freight were paid with cash. Which of the following shows how the recognition of this purchase, including freight costs if applicable, will affect Taha's financial statements?

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The Answer of Taha Company purchased $9,000 of inventory under terms FOB destination. Freight cost amounted to $300. The cost of inventory and freight were paid with cash. Which of the following shows how the recognition of this purchase, including freight costs if applicable, will affect Taha's financial statements?

Taha Company Purchased $9,000 of Inventory Under Terms FOB Destination