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ABC Company uses a perpetual inventory system. The company purchases $ 5 , 0 0 0 of inventory on account with credit terms of 2
ABC Company uses a perpetual inventory system. The company purchases $ of inventory on account with credit terms of n on June and makes payment for the purchase on June The company pays $ in freight costs to receive the inventory. What is the amount of the change in ABC's total inventory an asset as a result of this purchase?
Group of answer choices
$ increase
$ increase
$ increase
$ increase
$ increase
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