Question: Using the information provided, determine the net purchases when a periodic inventory system is used. Purchases $60,000 Freight-In 1,700 Purchase Discounts 3,000 Purchase Returns &

Using the information provided, determine the net purchases when a periodic inventory system is used.

Purchases $60,000 Freight-In 1,700 Purchase Discounts 3,000 Purchase Returns & Allowances 2,500

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