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Guardian Company uses a periodic inventory system

Guardian Company uses a periodic inventory system 


Assume that Guardian Company uses a periodic inventory system and has these account
balances: Purchases $500,000; Purchase Returns and Allowances $14,000; Purchase Discounts
$9,000; and Freight-in $15,000. Determine net purchases and cost of goods purchased.



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01 Apr 2016

Answers (1)

  1. Genius

    Guardian Company uses a periodic inventory system

    Guardian Company uses a periodic inventory system ****** ******
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