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ABC Ltd. has the following account balances. Purchases Rs. 20,000 Sales Returns and Allowances Discount on sales 2,500 Freight-in 1,875 Freight-in 2,500 The cost

ABC Ltd. has the following account balances. Purchases Rs. 20,000 Sales Returns and Allowances Discount on sales 2,500 Freight-in 1,875 Freight-in 2,500 The cost of goods purchased for the period is 4,000

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