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In determining the amount of net inventory purchases: a purchase allowance increases the cost of the inventory. a purchase return increases the cost of the
In determining the amount of "net" inventory purchases: a purchase allowance increases the cost of the inventory. a purchase return increases the cost of the inventory. a purchase allowance has no effect on the cost of the inventory. a purchase discount decreases the cost of the inventory. freight-in decreases the cost of the inventory
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