Tony's Market recorded the following events involving a recent purchase of inventory:
Receive...
Business, 26.03.2020 20:57 savannahwatson620102
Tony's Market recorded the following events involving a recent purchase of inventory:
Received goods for $80,000, terms 2/10, n/30.
Returned $1,600 of the shipment for credit.
Paid $400 freight on the shipment.
Paid the invoice within the discount period.
As a result of these events, the company's inventory:
A. increased by $77232.
B. increased by $76832.
C. increased by $78800.
D. increased by $77224.
Answers: 1
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