ACC 291 GENIUS T Exciting Results--acc291genius.com
FOR MORE CLASSES VISIT www.acc291genius.com During March a firm purchased $22,790 of merchandise and paid freight charges of $1,860. If the net delivered cost of purchases for the March is $22,040, what is the total purchase returns for March? Multiple Choice u2022t$0 u2022t$1,110 u2022 $2,610 u2022t$3,720 A firm had purchases of $17,000, freight charges of $340, and purchases returns and allowances of $1,500 during one month. Its net delivered cost of purchases was: Multiple Choice u2022t$15,160. u2022t$18,840. u2022t$17,000. u2022 $15,840. Lewis Corporation engaged in the following transactions during June. DATEtTRANSACTIONS 2019tJunet4 Purchased merchandise on account from Salinas Company; Invoice 100 for $965; terms n/30. 15tRecorded purchases for cash, $1,450. 30tPaid amount due to Salinas Company for the purchase on June
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