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What is total purchases returns and allowances for january

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Reference no: EM132831152

Problem 1: During January, a firm purchased ?36,500 of merchandise and paid freight charges of ?5,280. If the net delivered cost of purchases at the end of January is ?33,080, what is the total purchases returns and allowances for January?

a. ?1,860
b. ?8,700
c. ?0
d. ?3,420

Reference no: EM132831152

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