4) Mitsi ordered school supplies for her small nursery from Mr. Luna. Mr. Luna is a seller of school supplies from Divisoria, 3/3/3 trade discount. Mitsi received a list price of P8,210. The shipping of these supplies amount to P545, which is already in the list price. How much should Mitsi pay to Mr. Luna?
4) Mitsi ordered school supplies for her small nursery
from Mr. Luna. Mr. Luna is a seller of school supplies
from Divisoria, 3/3/3 trade discount. Mitsi received a list
price of P8,210. The shipping of these supplies amount
to P545, which is already in the list price. How much
should Mitsi pay to Mr. Luna?
5) Determine the amount of payment on January 11,
2019 for a product with List Price at P80,000 with, Trade
Discount of 15/30, and Cash discount of 1/10, n/30.
a. The Date of invoice is January 2, 2019.
b. The date of Invoice is January 1, 2019
c. The date of Invoice is December 31, 2019
6) How much is the remaining balance on due date?
Invoice Date: 11/5/14
Date of goods’ arrival: 11/8/14
List Price: P368,900
Shipping fee: P3,240 (separate invoice)
Terms of Payment: FOB Destination 8% Trade discount
6/10,3/20, n/30
Partial Payments: P90,000 on Nov 8, 2014
P130,000 on Nov 14, 2014
P40,000 on Nov 21, 2014
P50,000 on Nov 25, 2014
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