An Entry Is Made to Close Purchases and Purchase Discounts $\quad$

Multiple Choice

An entry is made to close Purchases and Purchase Discounts as: Account A $\quad$ 35,000
Account B $\quad$ 1,600
Account C $\quad$$\quad$ 36,600 Based on this entry, total (gross) purchases for the year were

A) $35,000
B) $1,600
C) $36,600
D) Undeterminable, given the preceding information