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Suppose that Sandhill uses a periodic inventory system and has these account balances: Purchases $574,000; Purchase Returns and Allowances $17,300; Purchases Discounts $9,300; and Freight-In
Suppose that Sandhill uses a periodic inventory system and has these account balances: Purchases $574,000; Purchase Returns and Allowances $17,300; Purchases Discounts $9,300; and Freight-In $17,900. Determine net purchases and cost of goods purchased. Net purchases $ Cost of goods purchased $
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