Question: 1 1 Using the gross method, purchase discounts lost are: Multiple Choice 0 1 : 3 0 : 5 2 Deducted from discount income. Included
Using the gross method, purchase discounts lost are:
Multiple Choice
::
Deducted from discount income.
Included as a reduction to purchase returns.
Included in inventory purchased.
Added to accounts payable.
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