StarBright Retailers purchased merchandise $250,000, with purchase returns $10,000, purchase allowances $5,000, and cash discount $4,000. What is the net purchase cost.
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- The following information were found from the records of FDN Company: Net Purchases = P90,000 Purchase Return = P5,000 Purchase discount = P5,000 If the company purchased goods on terms 20% trade discount and cash discount is 5/10, n/30, how much is the list price provided by the Seller?The following accounting records reveal: A/R, beg. P100,000 Iny, beg. P50,000 Purchases P90,000 Purchases Discount P5,000 Collections P200,000 How much is the vatable sales? a. P250,000 b. P240,000 How much is the output vat? a. P27, 600 b. P28,800 A/R, end Iny, end Sales Sales Return Cost of Sales. c. P230,000 c. P30,000 P110, 000 P60,000 P250,000 P10,000 P70,000 d. P24,000 d. P200,000Calculate COGS
- Financial Account information is presented below: Operating expenses $ 50000; Sales returns and allowances 3000; Sales discounts 5000; Sales revenue 184000; Cost of goods sold 98000. Given the information, what would be the gross profit?Financial information is presented below: Operating expenses $ 50000; Sales returns and allowances 3000; Sales discounts 5000; Sales revenue 184000; Cost of goods sold 98000. Given the information, what would be the gross profit?What is the Revenue for Evergreen Supplies ?