Business, 21.04.2020 18:53 parkermacyow71bm

Assume instead that (a) freight costs were paid by the vendor, (b) no discounts were taken, and (c) the merchandise on hand at the beginning of 2021 was determined by a physical count that failed to realize that $10,000 of merchandise was being held on consignment for Frosting R Us Inc. What is cost of goods available for sale, assuming CBC uses the gross method to record purchase discounts?

A. $318,000.
B. $327,000.
C. $321,480.
D. $337,000.

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Assume instead that (a) freight costs were paid by the vendor, (b) no discounts were taken, and (c)...

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