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J.M. Paculan, withdrawals Sales discounts 000 T 000's 000'S 000 000'LL Purchases Ending inventory Operating expenses 000' 000'6 000'LL Sales returns and allowances Purchase discounts Beginning inventory Freight in Sales revenue 000' 000'009d 9. h ollowin ata s or he .M aculan Corporation:

J.M. Paculan, withdrawals Sales discounts 000 T 000's 000'S 000 000'LL Purchases Ending inventory Operating expenses 000' 000'6 000'LL Sales returns and allowances Purchase discounts Beginning inventory Freight in Sales revenue 000' 000'009d 9. h ollowin ata s or he .M aculan Corporation:

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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Sales revenue P600,000 Freight in Beginning inventory Purchase discounts 000 000'LL 000'6 Sales returns and allowances Operating expenses Ending inventory 000' 000'LL 000' Purchases 415,000 Sales discounts J.M. Paculan, withdrawals 000'SE 000 TL Cost 408 9. The following data is for the J.M Paculan Corporation:
Transcribed Image Text:Sales revenue P600,000 Freight in Beginning inventory Purchase discounts 000 000'LL 000'6 Sales returns and allowances Operating expenses Ending inventory 000' 000'LL 000' Purchases 415,000 Sales discounts J.M. Paculan, withdrawals 000'SE 000 TL Cost 408 9. The following data is for the J.M Paculan Corporation:
Purchase returns and allowances 39,000 The total cost of goods available for sale for the J.M. Paculan Corporation is: a. P489,000 b. P408,000 C. P476,000 d. P441,000 count, The cost of goods sold for J.M. Paculan Corporation is: a. P524,000 b. P489,000 C. P557,000 d. P395,000 yer of a: balances to zero: for doubtful accounts
Transcribed Image Text:Purchase returns and allowances 39,000 The total cost of goods available for sale for the J.M. Paculan Corporation is: a. P489,000 b. P408,000 C. P476,000 d. P441,000 count, The cost of goods sold for J.M. Paculan Corporation is: a. P524,000 b. P489,000 C. P557,000 d. P395,000 yer of a: balances to zero: for doubtful accounts
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