contestada

On June 30 the general ledger of Beverly Hills Clothiers, a clothing store, showed a balance of $63,895 in the Purchases account, a balance of $2,975 in the Freight In account, and a balance of $4,280 in the Purchases Returns and Allowances account. What was the delivered cost of the purchases made during June?

Respuesta :

Answer:

$62,590

Explanation:

The computation of the delivered cost of the purchases made is shown below:

= Balance in purchase account + freight in charges - purchase return and allowance

= $63,895 + $2,975 - $4,280

= $62,590

We simply added the freight in charges and deduct the purchase return and allowances to the purchase balance so that the correct amount can come

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE

Otras preguntas