Surist, Inc. Surist, Inc.purchased Merchandise for $300,000, Received Credit for Purchase Returns
Surist, Inc.
Surist, Inc.purchased merchandise for $300,000, received credit for purchase returns of $20,000, availed purchase discounts of $5,000, and paid transportation in of $12,000.
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Refer to Surist, Inc.What is the total cost of merchandise purchased?
A) $312,000
B) $287,000
C) $263,000
D) $288,000
Correct Answer:
Verified
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