Alberta Company Has Net Purchases of $75,000, Purchase Returns of $7,000

question 122

Multiple Choice

Alberta Company has net purchases of $75,000, purchase returns of $7,000 and purchase discounts of $4,000. Alberta's gross purchases were:

• A) $64,000.
• B) $72,000.
• C) $78,000.
• D) $86,000.

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Definitions:

Cooperative Play

A stage in child development where children play together, share, and engage in activities collaboratively.

Cephalocaudal Development

A pattern of growth in humans where development proceeds from the head downward through the body and towards the feet.

Heredity

The biological process through which traits and characteristics are passed down from parents to offspring.

Culture

The shared attitudes, values, norms, practices, languages, and material objects of a society that are passed from one generation to the next.