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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 5: The Purchase and Sale of Inventory
  5. Question
    Which of the Following DECREASES the Cost of Inventory Purchased
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Which of the Following DECREASES the Cost of Inventory Purchased

Question 167

Question 167

Multiple Choice

Which of the following DECREASES the cost of inventory purchased?


A) sales tax
B) purchasing merchandise FOB shipping point
C) purchase allowances
D) payment of accounts payable

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