During the year, a firm purchased $57.250 of merchandise and paid freight charges of $12.600. If the total purchases returns and allowances were $6.595 and purchases discounts were $2,070 for the year, what is the net delivered cost of purchases? Multiple Choice $72,629 $70,090 $61,185 S35,985 A firm had purchases of $19,400, freight charges of $460, and purchases returns and allowances of $2.700 during one month. Its net delivered cost of purchases was Multiple Choice $16,240 $17.160. O $19,400 $22,560 When an accounts payable subsidiary ledger is used, the Accounts Payable account in the general ledger becomes a[n) account. Multiple Choice expense O subsidiary control asset On June 12, Music, Incorporated sells $4,000 of goods on account to a credit customer with credit terms of 110, n/30. If the customer pays on June 20, select the correct entry to record the receipt of the customer's payment Multiple Choice Account Name redit Debit 4,000 Cash Accounts Receivable 4,000 Credit Account Name Accounts Receivable Sales Discounts Cash Debit 3,969 40 4,000 Debit 4.800 Credit Account Nane Cash Sales Discounts Accounts Receivable 40 3,960 O Credit Account Name Cash Sales Discounts Accounts Receivable Debit 3.960 40 4,000