Current Attempt in Progress

Marigold Corp. uses the perpetual inventory and the gross method. On March $1,$ it purchased $$47000$ of inventory, terms $2/10,\frac{n}{30}.$ On March $3,$ Marigold returned goods that cost of $$4700.$ On March $9,$ Marigold paid the supplier. On March $9,$ Marigold should credit

purchase discounts for $$940.$

purchase discounts for $$846.$

inventory for $$940.$

inventory for $$846.$

eTextbook and Media