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Business, 14.04.2020 17:37 Ladarius566
A company purchased inventory for $74,000 from a vendor on account, FOB shipping point, with terms of 3/10, n/30. The company paid the shipper $1,600 cash for freight in. The company paid the vendor nine days after the invoice date. If there was no beginning inventory, the cost of inventory would be . (Assume a perpetual inventory system.)
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A company purchased inventory for $74,000 from a vendor on account, FOB shipping point, with terms o...
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