11. Using the following information, what is the amount of merchandise ava for sale? P28,000 Purchases 6,500 Merchandise inventory April 1
11. Using the following information, what is the amount of merchandise ava for sale? P28,000 Purchases 6,500 Merchandise inventory April 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Multiple choice
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fef746e68-1fd9-46ce-ac1c-7d88ff2d77b9%2Fb699cfcf-ab42-4bfa-aa57-310ddf7ff7c7%2Fhe4yd6c_processed.jpeg&w=3840&q=75)
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fef746e68-1fd9-46ce-ac1c-7d88ff2d77b9%2Fb699cfcf-ab42-4bfa-aa57-310ddf7ff7c7%2Fo6om7e_processed.jpeg&w=3840&q=75)
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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