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  3. the following information was reported by bellevil

The following information was reported by Belleville Inc. for 2020: ...

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Question

Accounting

The following information was reported by Belleville Inc. for 2020:

Merchandise purchased for resale

 $25,000

Freight-in

 1,750

Freight-out

 1,000

Purchase returns

 500

Based on this data, Bellevilles 2020 inventoriable cost was

$28,250.00

$27,750.00

$26,250.00

$25,000.00

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