MN traders has the purchases of RO 76,500, purchases returns and allowances of RO 1,900, transportation cost

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MN traders has the purchases of RO 76,500, purchases returns and allowances of RO 1,900, transportation cost of RO 500 and purchase discount of RO 300. Calculate the amount of Net cost of purchases made by the business.

a. RO 74,800

b. RO 77,100

c. RO 73,800

d. RO 75,400

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Posted Date: Jun 09, 2022 12:37 AM

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MN traders has the purchases of RO 76,500, purchases returns and allowances of RO 1,900, transportation cost

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Expert Answer:

A RO 74800 The value of net purchase can be ascertai... View the full answer

College Accounting A Contemporary Approach

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