Question
Tony's Market used the perpetual method to record the following events involving a recent purchase of inventory: Received goods for $75800, terms 2/7, n/30.
Tony's Market used the perpetual method to record the following events involving a recent purchase of inventory: Received goods for $75800, terms 2/7, n/30. Returned $1700 of the shipment for credit. Paid $600 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory O increased by $73206. O increased by $72618. O increased by $74700. increased by $73218.
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