The accounting principle that relates to the expensing of freight charges is:

Question

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The matching principle states that expenses should be recognized in the same period as the revenue they helped to generate. Therefore, if freight charges were incurred to bring in inventory that will be sold in a specific period, those expenses should be recognized as part of the cost of goods sold in the same period, rather than being recognized as an expense in a different period.

The Accounting Principle That Relates to the Expensing of Freight