Sheridan's Market recorded the following events involving a recent purchase of merchandise: Received goods for $34000, terms2/10,
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Question:
Sheridan's Market recorded the following events involving a recent purchase of merchandise:
Received goods for $34000, terms2/10, n/30.
Returned $700of the shipment for credit.
Paid $100freight on the shipment.
Paid the invoice within the discount period.
As a result of these events, the company's inventory
increased by $32634.
increased by $32730.
increased by $32734.
increased by $33400.
Posted Date: