Geoffrg Company has the following account balances: $$\begin{array} { l r }
\text { Purchases } & \$ 88,000 \
\text { Sales Returns and Allowances } & 12,800 \
\text { Purchase Discounts } & 6,000 \
\text { Freight-In } & 8,000 \
\text { Delivery Expense } & 12,000
\end{array}$$ The cost of goods purchased for the period is
A) $102000.
B) $82000.
C) $90000.
D) $94000.

Question

Geoffrg Company has the following account balances: $$\begin{array} { l r } 
\text { Purchases } & \$ 88,000 \
\text { Sales Returns and Allowances } & 12,800 \
\text { Purchase Discounts } & 6,000 \
\text { Freight-In } & 8,000 \
\text { Delivery Expense } & 12,000
\end{array}$$ The cost of goods purchased for the period is
A) $102000.
B) $82000.
C) $90000.
D) $94000.

Quizplus · Accepted Answer

The Answer of Geoffrg Company has the following account balances: $$\begin{array} { l r } 
\text { Purchases } & \$ 88,000 \
\text { Sales Returns and Allowances } & 12,800 \
\text { Purchase Discounts } & 6,000 \
\text { Freight-In } & 8,000 \
\text { Delivery Expense } & 12,000
\end{array}$$ The cost of goods purchased for the period is
A) $102000.
B) $82000.
C) $90000.
D) $94000.

Geoffrg Company Has the Following Account Balances The Cost of Goods Purchased for the Period Is A)

Geoffrg Company Has the Following Account Balances The Cost of Goods Purchased for the Period Is
A)