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tony's market, which uses a perpetual inventory system, recorded the following events involving a recent purchase of inventory: - received goods for 30,000, terms 2/10,
tony's market, which uses a perpetual inventory system, recorded the following events involving a recent purchase of inventory:
- received goods for 30,000, terms 2/10, n/30 (recorded discount upon receipt of goods)
- returned $600 of the shipment for credit
- paid $150 freight on the shipment from the trucking company
- paid the invoice within the discount period
as a result of these events, the company's inventory
A. Increased 28,812
B. Increased 29,550
C. Increased 28, 959
D. Increased 28,962
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