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Maggie's Market Recorded the Following Events Involving a Recent Purchase

Question 235

Multiple Choice

Maggie's Market recorded the following events involving a recent purchase of merchandise: Received goods for $50000 terms 2/10 n/30.
Returned $1500 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 increased by


A) $48192.
B) $49400.
C) $47930.
D) $48900.

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