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Exam MB-310 topic 3 question 8 discussion

Actual exam question from Microsoft's MB-310
Question #: 8
Topic #: 3
[All MB-310 Questions]

HOTSPOT -
You need to configure an Accounts payable charge for freight for a company. The company requires that the system include the freight amount in the invoice to be paid to the vendor and record the expense in main account 600120 `" Freight In.

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Suggested Answer:
by vm7891 at Nov. 9, 2020, 12:31 p.m.

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vm7891
Highly Voted 3 years, 7 months ago
Debit - Ledger Credit - Customer/Vendor
upvoted 36 times
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DDV
Highly Voted 3 years, 6 months ago
Yes, Credit should be Customer/Vendor for the auto posting of AR or AP ledger posting profile.
upvoted 6 times
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globeearth
Most Recent 1 month, 2 weeks ago
2 accounts are involved. The first one is ledger acc for frieght expense (expense acc) and another one is customer/vendor account (liability). It is a purchase scenario, this charge will increases the expense (debit side) and also increase the liability (credit side)
upvoted 1 times
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vbiz
7 months, 3 weeks ago
Debit -Ledger Credit - Customer/Vendor
upvoted 1 times
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denilson16
2 years, 4 months ago
Debit - Ledger Credit- customer/vendor
upvoted 2 times
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pcm_stj
2 years, 4 months ago
The correct answer is: Debit the freight expense to the Ledger account Credit the customer/vendor account as we are increasing our liabilities.
upvoted 4 times
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pani1
3 years ago
Debit - Ledger Credit- customer/vendor
upvoted 4 times
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Niqs
3 years, 2 months ago
Credit column should be: Customer/Vendor as the requirement is to include the freight amount in the invoice to be paid to the vendor .
upvoted 3 times
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sadiq_d365
3 years, 4 months ago
Debit ledger Credit customer/vendor
upvoted 3 times
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Fozo
3 years, 5 months ago
Debit ledger Credit customer/vendor
upvoted 5 times
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Pir
3 years, 6 months ago
Both cannot be ledger, of course Debit is expense i.e.ledger account, and Credit is vendor's liability to be paid as mentioned in scenario.
upvoted 4 times
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