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    Exam 6: Inventory Cost of Goods Sold
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    Company a Purchased Inventory for $100,000
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Company a Purchased Inventory for $100,000

Question 137

Question 137

Multiple Choice

Company A purchased inventory for $100,000. In addition they had purchase returns of $7,000 and paid freight-in of $8,000.Company A's net purchases would be:


A) $ 85,000.
B) $ 99,000.
C) $101,000.
D) $115,000.

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