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Question u A company purchased inventory for $74,000 from a vender on account, FOB shipping point, with terms of 3/10, n/30. The company paid

Question u A company purchased inventory for $74,000 from a vender on account, FOB shipping point, with terms of 3/10, n/30. The company paid the shipper $1,500 cash for freight in. The company paid (Assume a perpetual inventory system) the der une day after the sale if there was no beginning inventory, the cost of invernory would be Your answer: OSTLIN

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