Stan's Market recorded the following events involving a recent purchase of merchandise: Received goods for $30,000, terms 2/10, n/30.
Returned $600 of the shipment for credit.
Paid $150 freight on the shipment.
Paid the invoice within the discount period.
As a result of these events, the company's inventory
A) increased by $28,812.
B) increased by $29,550.
C) increased by $28,959.
D) increased by $28,962.
Correct Answer:
Verified
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