Determining Net Purchases The following amounts were obtained from the accounting records of Newton Company Washington Inc., and Adams Company: Newton Washington Purchases Freight-in Purchase Discounts Purchase Returns and Allowances Net Purchases Required Compute the missing amounts $67,200 2,300 (4,110) (3,180) $102,000 (9,700) (8,250) 92,600 Newton Washington $102,000 Purchases Freight-in Purchase Discounts Purchase Returns and Allowances Net Purchases $67,200 2,300 (4,110) (3,180) (9,700) (8,250) 92,600 PreviousS Next