List Price (LP) P580 P6200 (5) (7) (9) Rate of Trade Discount (D₁) (1) (3) (6) 85% 2.8% Trade Discount P43.50 (4) P5040 P4500 (10) Net Price (2) P5084 P12960 (8) P34000

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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Question
100%
complete the table from 1 to 6 only
Complete the table below. Fill in the missing
information.
NOTE:
*If the answer is NOT a whole number, express in two (2)
decimal places.
*Use P symbol for peso sign. (Ex: P5820 - no spaces in
between)
List Price (LP)
Rate of Trade
Discount (D₁)
Trade Discount
Net Price
P580
(1)
P43.50
(2)
P6200
(3)
(4)
P5084
(5)
(6)
P5040
P12960
(7)
85%
P4500
(8)
(9)
2.8%
(10)
P34000
Transcribed Image Text:Complete the table below. Fill in the missing information. NOTE: *If the answer is NOT a whole number, express in two (2) decimal places. *Use P symbol for peso sign. (Ex: P5820 - no spaces in between) List Price (LP) Rate of Trade Discount (D₁) Trade Discount Net Price P580 (1) P43.50 (2) P6200 (3) (4) P5084 (5) (6) P5040 P12960 (7) 85% P4500 (8) (9) 2.8% (10) P34000
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