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The following information applied to Candy Co. for the current year. All $s were paid by Candy Co.: Goods purchased for resale $100,000 Freight paid

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The following information applied to Candy Co. for the current year. All $s were paid by Candy Co.: Goods purchased for resale $100,000 Freight paid for goods shipped to Candy Co. 5,000 Freight paid for goods shipped from Candy Co. 2,000 Purchases returns by Candy Co. 500 The company would have debited Inventory for a total of what amount during the current year? $99,500 none of the above $104,500 106,500 $100,800

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