lizzie5646 lizzie5646

23-04-2024
Business

Answered

An entry is made to close purchases and purchase discounts as:
Account A 35,000
Account B 1,600
Account C 36,600
Based on this entry, total (gross) purchases for the year were:
a. 36,600
b. 35,000
c. 1,600
d. Undeterminable, given the preceding information

Answer :

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