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During the months of January, Ava Corporation purchased goods from two suppliers. The sequence of events was as follows: Jan. 6 Purchased goods for $1420
During the months of January, Ava Corporation purchased goods from two suppliers. The sequence of events was as follows:
| Jan. |
| 6 |
| Purchased goods for $1420 from Noah with terms 2/10, n/30. |
|
|
| 6 |
| Purchased goods from Emma for $870 with terms 1/10, n/30. |
|
|
| 14 |
| Paid Emma in full. |
|
| 15 |
| Paid Noah in full. |
At the end of January, how will Ava's inventory increase by?
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