contestada

The Lone Cactus Nursery has the following general ledger account balances as of August.
Purchases $56,211
Freight In 3,000
Purchases Returns and Allowances 500
Purchases Discounts 300
Calculate the net delivered cost of purchases for August.

Respuesta :

Answer:

Net delivered cost of purchase             $58,411

Explanation:

Computation of net delivered cost of purchase.

Particular                                                 Amount

Purchases                                                $56,211

Freight In                                                  $3,000

                                                                $59,211

Less: Purchases Returns                         $500

Less: Purchases Discounts                     $300    

Net delivered cost of purchase             $58,411