Crane’s Market recorded the following events involving a recent purchase of merchandise: Received goods for $50000, terms 1/10, n/30. Returned $1000 of the shipment for credit. Paid $200 freight on the shipment. Paid the invoice within the discount period.

As a result of these events, the company’s inventory.

increased by$42669.

increased by $42763.

increased by $42769.

increased by $43200.

Answer rating: 100% (QA)

Invoice amount 50000 returned for credit 1000 freight ... View the full answer