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A company had credit sales of $150,000 and a Cost of Goods Sold of $125,000. The Accounts Payable account decreased by $4,000, the Merchandise Inventory

A company had credit sales of $150,000 and a Cost of Goods Sold of $125,000. The Accounts Payable account decreased by $4,000, the Merchandise Inventory account increased by $10,000, and the Accounts Receivable account increased by $12,000. Determine the Credit Purchases for the period. $140,000 $135,000 $139,000 $131,000

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