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What is the balance of the inventory account after the following transactions: . Target purchases 500 canes of paper towels from Proctor and Gamble at

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What is the balance of the inventory account after the following transactions: . Target purchases 500 canes of paper towels from Proctor and Gamble at $100 per caso on January 1st with the credt terme 1/15, 1/30 and FOB shipping point Shipping expense for the paper towels was $250 which target paid in cash After Torget received the shipment of paper towels, 63 cases were water damaged. Target returned these cases to Proctor and Gamble. . Target paid the invoice on January 13th. a $55,300 b. $44,700 $50,000 d. $44,503 What amount, if any, does Target take on the purchase after the following transactions: . Target purchases 500 cases of paper towels from Proctor and Gamble at $100 per case on January 1st with the credit terms 1/15, 1/30 and FOB shipping point Shipping expense for the paper towels was $250 which target paid in cash. . After Target received the shipment of paper towels, 53 cases were water damaged. Target returned these cases to Proctor and Gamble. . Target paid the invoice on January 13th. a $444.50 b. $44,700 c. Target doesn't get to take a discount d. $447 Payment or credit terms such as 2/30, n45 mean: Ca. Buyer has 45 days to pay the invoice in full from the invoice dato or can pay the invoice in 30 days and take a 2% dincount of the invoice price b. Buyer has 30 days to pay the invoice in full from the invoice date or can pay 2% of the invoice cost in 45 days, c Buyer must pay the invoice in 2 days from the invoice date to avoid a $30 tate fee. W the invoice is paid atter 2 days then the late fee is 845 d. None of the above

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