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8 November, 13:53

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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  1. 8 November, 14:00
    0
    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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