Question

During 2019, ABC Company purchased $100,000 of merchandise. To bring the merchandise to the warehouse, Charcoal paid $5,000 in freight costs. By paying within the discount period, it was able to take advantage of $2,000 of discounts offered. When the merchandise arrived, inspection revealed that $3,000 of goods were not as ordered and were returned to the supplier. The net purchases of Charcoal Company were: ___________
a.$105,000.
b.$100,000.
c.$90,000.
d.$95,000.

Answer 1

I believe the Answer is: B.) $100,000.