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On June 30, 2019, the General Ledger of the Shoe

Question 86

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On June 30, 2019, the general ledger of the Shoe Closet, a retail store, showed the following balances: Purchases $19,000; Freight In, $500; Purchases Returns and Allowances, $900.
Determine the following:
A)What was the delivered cost of purchases for June?
B)What was the net delivered cost of purchases for June?

Correct Answer:

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A) $19,500...

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