Remaining Time: 1 hour, 11 minutes, 20 seconds. Question Completion Status: A Moving to another question will save this response. Question 11 Reese's Market recorded the following events involving a recent purchase of merchandise: 1. Received goods for $50,000, terms 2/10, n/30 2. Returned $1,000 of the shipment 3. Paid $250 freight on the shipping 4. Paid the invoice within the discount period As a result of these events, the company's inventory account increased by a $48,265. b. $49,250. Cc $48,020. Od $48,270. A Moving to another question will save this response. emaining Time: 1 hour, 06 minutes, 43 seconds. uestion Completion Status: A Moving to another question will save this response. Question 13 The point of the Excel case demonstrated in class was to show how to use Excel as a forecasting tool. calculate present values with just a few easy steps. O create T accounts in Excel and use them to track account information. Ad clean up data and format it so the data can be analyzed and made useful. > A Moving to another question will save this response