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Business, 06.09.2019 23:10 misstaejailicious200

On september 1, marigold purchased $40600 of inventory items on credit with the terms 1/15, net 30, fob destination. freight charges were $850. payment for the purchase was made on september 18. assuming marigold uses the perpetual inventory system and the net method of accounting for purchase discounts, what amount is recorded as inventory from this purchase?

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On september 1, marigold purchased $40600 of inventory items on credit with the terms 1/15, net 30,...
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