On november 15, 2021. Fdn Sold merchandise to rossi company for 148,000 on terms 3/10, 2/10 n/30/ on novermber 18, 2021 analysis, experiments or assignments required is a MAJOR OFFENSE".Question 36FDN Trading had the following selected transactions on November 5:ones)Purchase of furniture on account, P24,000onsPurchase of steel trash bin for cash, P1,800Sale of merchandise for P37,000 less 10 on terms 30% down and the balance 2/10 n/30Hill CampusPaid for the repair of one air-conditioning unit, P3,280.PriveCollected a customer's account, P15,880How much was the total amount debited to Cash?E List26,980Appw-Hillect« Previous This is a CLOSED-NOTES quiz.Other than your main Canvas quiz page, you are NOT allowed to open any tabs nor open any applications during the quiz time. Not even Excel. Use your manual calculator for allIculations.-Be reminded of the provisions of Section 5.3.1.1 of the SH that states that "Cheating in any form during an examination, test, or written reports including reaction papers, casenalysis, experiments or assignments required is a MAJOR OFFENSE".Question 222 ptsFDN Trading uses periodic inventory system. On November 15, 2021, FDN sold merchandise to Rossi Company for P148,000 on terms 3/10, 2/20, n/30. OnNovember 18, 2021, Rossi returned to FDN goods worth P8,700 due to wrong specification. On November 25, 2021, Rossi made partial payment of P39,000. OnDecember 4, 2021, Rossi paid its account in fullL. How much should FDN Trading credit to Sales Revenue on November 15?Next• PreviousActivateGo SemiQuiz saved at 5:04pmSubmit Quiz29°C Mostly sunny

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Question 36 FDN Trading had the following selected transactions on November 5: Purchase of furniture on account, P24,000 Purchase of steel trash bin for cash, P1,800 Sale of merchandise for P37,000 less 10 on terms 30% down and the balance 2/10 n/30 Paid for the repair of one air-conditioning unit, P3,280. Collected a customer's account, P15,880 How much was the total amount debited to Cash? 26,980

Question 36 FDN Trading had the following selected transactions on November 5: Purchase of furniture on account, P24,000 Purchase of steel trash bin for cash, P1,800 Sale of merchandise for P37,000 less 10 on terms 30% down and the balance 2/10 n/30 Paid for the repair of one air-conditioning unit, P3,280. Collected a customer's account, P15,880 How much was the total amount debited to Cash? 26,980

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

On november 15, 2021. Fdn Sold merchandise to rossi company for 148,000 on terms 3/10, 2/10 n/30/ on novermber 18, 2021

This is a CLOSED-NOTES quiz.
Other than your main Canvas quiz page, you are NOT allowed to open any tabs nor open any applications during the quiz time. Not even Excel. Use your manual calculator for all
Iculations.
-Be reminded of the provisions of Section 5.3.1.1 of the SH that states that "Cheating in any form during an examination, test, or written reports including reaction papers, case
nalysis, experiments or assignments required is a MAJOR OFFENSE".
Question 22
2 pts
FDN Trading uses periodic inventory system. On November 15, 2021, FDN sold merchandise to Rossi Company for P148,000 on terms 3/10, 2/20, n/30. On
November 18, 2021, Rossi returned to FDN goods worth P8,700 due to wrong specification. On November 25, 2021, Rossi made partial payment of P39,000. On
December 4, 2021, Rossi paid its account in fullL. How much should FDN Trading credit to Sales Revenue on November 15?
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