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On November 30, 2019, the General Ledger of Hinges and More

Question 85

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On November 30, 2019, the general ledger of Hinges and More Hardware, a retail store, showed the following balances: Purchases, $163,570; Freight In, $5,200; Purchases Returns and Allowances,
$8,000.
Determine the following:
A)What was the delivered cost of purchases for November?
B)What was the net delivered cost of purchases for November?

Correct Answer:

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A) $168,77...

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