Cr. Compute the net delivered cost of purchases for Kisling, Inc.

On June 30 the general ledger of Kisling, Inc., had the following balances: Purchases …………………………………………………………..$42,880 Dr. Freight In ……………………………………………………………..2,376 Dr. Purchases Returns and Allowances ……………………………………2,960 Cr. Purchases Discounts …………………………………………………..2,050 Cr. Compute the net delivered cost of purchases for Kisling, Inc. View Solution:
On June 30 the general ledger of Kisling Inc had

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