Purchase-Related Transactions Using Perpetual Inventory System The following selected transactions were completed by Capers Company...
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Purchase-Related Transactions Using Perpetual Inventory System The following selected transactions were completed by Capers Company during October of the current year:
Oct. 1. Purchased merchandise from UK Imports Co., $13,082, terms FOB destination, n/30.
3. Purchased merchandise from Hoagie Co., $10,150, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $210 was added to the invoice.