Oriole Market recorded the following events involving a recent purchase of inventory: Received goods for $76600, terms
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Question:
Oriole Market recorded the following events involving a recent purchase of inventory: Received goods for $76600, terms 2/7, n/30. Returned $1500 of the shipment for credit. Paid $600 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory
Select answer from the options below
increased by $75700.
increased by $74186.
increased by $74198.
increased by $73598.
Posted Date: