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Glen Company uses the perpetual inventory system. The company entered into the following events: 1 ) Purchased merchandise inventory that cost $ 1 0 ,
Glen Company uses the perpetual inventory system. The company entered into the following events:
Purchased merchandise inventory that cost $ under terms of n
Made payment to the supplier within the discount period.
Sold all of the goods to customers on account for $
What is Glens cost of goods sold as a result of these three transactions?
Multiple Choice
$
$
$
$
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