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Purchases $540,000 Beginning Merchandise Inventory 185,000 Purchase Returns and Allowances 50,000 Purchase Discounts 14,000 Freight...

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Accounting

Purchases $540,000 Beginning Merchandise Inventory 185,000 Purchase Returns and Allowances 50,000 Purchase Discounts 14,000 Freight In 18,000 Ending Merchandise Inventory 150,000 Net Sales Revenue

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