11. Using the following information, what is the amount of merchandise ava for sale? P28,000 Purchases 6,500 Merchandise inventory April 1

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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11. Using the following information, what is the amount of merchandise avd
b. 57,000
57,750
d. 56,250
a.
880
b.
No
C.
c.
d.
14. If me
the c
for sale?
a.
Purchases
b.
Merchandise inventory April 1
Sales returns and allowances
Purchases returns and allowances
P28,000
с.
d.
6,500
750
15. Th
Purchases discounts
1,000
Merchandise inventory April 30
Р800
a.
7,800
57,000
Sales
C
Transportation in
880
414
Transcribed Image Text:11. Using the following information, what is the amount of merchandise avd b. 57,000 57,750 d. 56,250 a. 880 b. No C. c. d. 14. If me the c for sale? a. Purchases b. Merchandise inventory April 1 Sales returns and allowances Purchases returns and allowances P28,000 с. d. 6,500 750 15. Th Purchases discounts 1,000 Merchandise inventory April 30 Р800 a. 7,800 57,000 Sales C Transportation in 880 414
|CHAPTER 8 | ACCOUNTING FOR MERCHANDISING BUSINESS
t?
a.
33,580
b. 30,470
25,780
С.
d. 34,500
Transcribed Image Text:|CHAPTER 8 | ACCOUNTING FOR MERCHANDISING BUSINESS t? a. 33,580 b. 30,470 25,780 С. d. 34,500
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