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10. Using the following information, what is the amount of net sales? P28,000 Purchases Merchandise inventory April 1 6,500 Sales returns and allowances Purchases returns and allowances 750 1,000 P800 Purchases discounts Merchandise inventory April 30 Sales 7,800 57,000 880 Transportation in a. 25,780 b. 57,000 c. 57,750 d. 56,250 of merchan

10. Using the following information, what is the amount of net sales? P28,000 Purchases Merchandise inventory April 1 6,500 Sales returns and allowances Purchases returns and allowances 750 1,000 P800 Purchases discounts Merchandise inventory April 30 Sales 7,800 57,000 880 Transportation in a. 25,780 b. 57,000 c. 57,750 d. 56,250 of merchan

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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10. Using the following information, what is the amount of net sales? b. C. 25,780 ne d. 56,250 a. Purchases P28,000 Merchandise inventory April 1 6,500 13 Sales returns and allowances 750 Purchases returns and allowances 1,000 Purchases discounts P800 Merchandise inventory April 30 7,800 Sales 57,000 Transportation in 25,780 b. 57,000 880 a. с. 57,750 d. 56,250 P28,000
Transcribed Image Text:10. Using the following information, what is the amount of net sales? b. C. 25,780 ne d. 56,250 a. Purchases P28,000 Merchandise inventory April 1 6,500 13 Sales returns and allowances 750 Purchases returns and allowances 1,000 Purchases discounts P800 Merchandise inventory April 30 7,800 Sales 57,000 Transportation in 25,780 b. 57,000 880 a. с. 57,750 d. 56,250 P28,000
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