question archive The following details are provided by Blue Bell Merchandisers
Subject:AccountingPrice: Bought3
The following details are provided by Blue Bell Merchandisers.Net Sales$198,000Purchases92,000Purchases Returns and Allowances1,800Purchases Discounts1,250Freight In1,590Beginning Merchandise Inventory63,000Ending Merchandise Inventory37,000Calculate the amount of net purchases.$151,950$87,360$88,950$106,000