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Maggies Market recorded the following events involving a recent purchase of merchandise: Received goods for...

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Accounting

Maggies Market recorded the following events involving a recent purchase of merchandise: Received goods for $70,000, terms 4/10, n/30. Returned $1,500 of the shipment for credit. Paid $600 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the companys inventory increased by how much

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