Question: Current Attempt in Progress Bramble Corp. uses the perpetual inventory and the gross method. On March 1, it purchased $54000 of inventory, terms 2/10,
Current Attempt in Progress Bramble Corp. uses the perpetual inventory and the gross method. On March 1, it purchased $54000 of inventory, terms 2/10, n/30. On March 3, Bramble returned goods that cost $5400. On March 9, Bramble paid the supplier. On March 9, Bramble should credit O purchase discounts for $972. O purchase discounts for $1080. O inventory for $1080. O inventory for $972.
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