stion 4 Addison, Inc. uses a perpetual inventory system. The following is informat system. the month of September: Sep. 1 Inventory 20 units at $20 4 Sold 10 units 10 Purchased 30 units at $25 17 Sold 20 units 30 Purchased 10 units at $30 If Addison uses FIFO, the cost of the ending merchandise inventory on Septemb A $800 B. $650 c. 5750 D $700 ore a Question 5 5 points Save Answer A retailer purchases merchandise with a catalog list price of $25,000. The retailer receives a 30% trade discount and credit terms of 2/10, 1/30. What amount should the retailer debit to the Merchandise Inventory account under the Net Method? A $7,500 B. $17,500 c $25,000 OD $17,150 Question 5 of 20 > Moving to the next question prevents changes to this answer 601 PM QAW 4 492020