On November 30, 2013, the general ledger of Hinges and More Hardware, a retail store, showed the following balances: Purchases, $136,750; Freight In, $2,500; Purchases Returns and Allowances, $4,000. Determine the following:
A) What was the delivered cost of purchases for November?
B) What was the net delivered cost of purchases for November?

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The Answer of On November 30, 2013, the general ledger of Hinges and More Hardware, a retail store, showed the following balances: Purchases, $136,750; Freight In, $2,500; Purchases Returns and Allowances, $4,000. Determine the following:

On November 30, 2013, the General Ledger of Hinges and More