ng the following information, what is the amount of cost of merchandise sold? Purchases Merchandise inventory April 1 Sales returns and allowances Purchases returns and allowances Purchases discounts Merchandise inventory April 30 P28,000 6,500 750 1000 P800 7,800 57,000 Sales Transportation in 25,780 880 23,270 31,220 24,020

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Multiple choice
MOJH USP 1o a
sold?
Purchases
Merchandise inventory April 1
Sales returns and allowances
Purchases returns and allowances
Purchases discounts
Merchandise inventory April 30
P28,000
6,500
750
1,000
P800
7,800
57,000
Saes
Transportation in
25,780
880
23,270
31,220
24,020
413
Transcribed Image Text:MOJH USP 1o a sold? Purchases Merchandise inventory April 1 Sales returns and allowances Purchases returns and allowances Purchases discounts Merchandise inventory April 30 P28,000 6,500 750 1,000 P800 7,800 57,000 Saes Transportation in 25,780 880 23,270 31,220 24,020 413
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