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The following details are provided by Blue Bell Merchandisers. Net Sales $198,000 Purchases 92,000 Purchases Returns and Allowances 1,800 Purchases Discounts 1,250 Freight In 1,590
The following details are provided by Blue Bell Merchandisers.
Net Sales | $198,000 |
Purchases | 92,000 |
Purchases Returns and Allowances | 1,800 |
Purchases Discounts | 1,250 |
Freight In | 1,590 |
Beginning Merchandise Inventory | 63,000 |
Ending Merchandise Inventory | 37,000 |
Calculate the amount of net purchases.
$151,950 |
$87,360 |
$88,950 |
$106,000 |
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