Question 10 Stan’s Market recorded the following events involving a recent purchase of inventory:

Question 10

Stan’s Market recorded the following events involving a recent purchase of inventory:

https://uopcourses.com/category/acc-290/

Question 10

Stan’s Market recorded the following events involving a recent purchase of inventory:

     Received goods for $90,000, terms 2/10, n/30.

     Returned $1,800 of the shipment for credit.

     Paid $450 freight on the shipment.

     Paid the invoice within the discount period.

As a result of these events, the company’s inventory

increased by $86,877.

increased by $88,650.

increased by $86,886.

increased by $86,436.