Question: JiCo uses the periodic methods. It beginning inventory is $43,000, purchases are $321,000, F.O.B. destination, purchase returns are $17,000 and freight is $9,000. The balance

JiCo uses the periodic methods. It beginning inventory is $43,000, purchases are $321,000, F.O.B. destination, purchase returns are $17,000 and freight is $9,000. The balance in JiCos ledger Purchases account is a. $330,000 b. $ 317,000 c.$321,000 d. $304,000

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