The following details are provided by Western Wear Merchandisers. The company uses the periodic inventory...
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The following details are provided by Western Wear Merchandisers. The company uses the periodic inventory system. Net Sales Revenue $202,000 Purchases 94,000 Purchase Returns and Allowances 1600 Purchase Discounts 1200 Freight In 1500 Beginning Merchandise Inventory 63,000 Ending Merchandise Inventory 37,000 Calculate the amount of net purchases. Select one: A. $154,200 B. $89,700 C. $108,000 D. $91,200
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