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9. Zach's Market recorded the following events involving a recent purchase of merchandise Received goods for $50,000, terms 2/10,n/30. Returned $1,000 of the shipment for
9. Zach's Market recorded the following events involving a recent purchase of merchandise Received goods for $50,000, terms 2/10,n/30. Returned $1,000 of the shipment for credit. Paid $250 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's merchandise inventory Accounting for Merchandising Operations 511 a. increased by $48,020. b. increased by $49,250. c. increased by $48,265. d. increased by $48,270
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