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Geoffrg Company Has the Following Account Balances The Cost of Goods Purchased for the Period Is
A)

Question 54

Multiple Choice

Geoffrg Company has the following account balances:  Purchases $88,000 Sales Returns and Allowances 12,800 Purchase Discounts 6,000 Freight-In 8,000 Delivery Expense 12,000\begin{array} { l r } \text { Purchases } & \$ 88,000 \\\text { Sales Returns and Allowances } & 12,800 \\\text { Purchase Discounts } & 6,000 \\\text { Freight-In } & 8,000 \\\text { Delivery Expense } & 12,000\end{array} The cost of goods purchased for the period is


A) $102000.
B) $82000.
C) $90000.
D) $94000.

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