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i dont quite understand why the unventiry is credited. Could you explain this question to me again and why the solution is what it is.
i dont quite understand why the unventiry is credited. Could you explain this question to me again and why the solution is what it is.
Blackboard 9:31 PM Tue Mar 10 52% Chapter 7 Slides (Student Version)(3) Accounting Chapter 7 Slides (Student Version)(3) Chapter 7 Sides (Student Version (3) - - - Record Inventory Purchases Example On June 5, Target purchased goods that had a $3,800 invoice price with terms 2/10, n/30. Upon delivery, target paid $150 for freight charges. JE on 6/5: iventom 3950 accorats payable 3400 chal On June 14, Target paid the supplier for amount due. 3900X Y - 76 JE on 6/14: accornio papable 3800 Cash 0 3724 inventory 16 What is the cost of inventory purchaea? - 3724 why is inventory 1e0 Step by Step Solution
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