(Answered) Question - select apparel purchased 90 new shirts and

Accounting

Question - Select Apparel purchased 90 new shirts and recorded a total cost of $2,258 determined as follows:

Invoice cost	$1,850
Shipping charges	185
Import taxes and duties	165
Interest (6.0%) on $1,800 borrowed to finance the purchase	108
	$2,258

Required - Prepare the journal entry to record this purchase in the correct amount, assuming a perpetual inventory system.

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