multiple choice question
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2. Wade's Market recorded the following events involving a recent purchase of merchandise:
Received goods for $40,000, terms 2/10, n/30.
Returned $800 of the shipment for credit.
Paid $200 freight on the shipment.
Paid the invoice within the discount period.
As a result of these events, the company's merchandise inventory increased by
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This question was asked on Mar 27, 2011 and answered on Mar 27, 2011.
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