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10-06-2020
Business

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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.

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PiaDeveau PiaDeveau

10-06-2020

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

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