Attached here are about merchandising concern.

Instruction: For each of the sales terms, determine the following: 1. the amount recorded as a sale. 2. the amount of cash received. On July 1, 2019, Savery Lace & Boxes sold merchandise with a P 150, 000 list price. Trade Discount Credit Terms Date Paid 30% 2/10, n/30 July 8 40% 1/10, n/30 July 15 2/10.n/30 July 11 20% 1/15,n/30 July 14 40% n/30 July 28Assessment 1: (Write your answer in a separate paper.) Replace the lettered blanks with the appropriate amounts. The partial income statements of five different companies are as follows: A B C D E Net Sales A. D. 250, 000 290, 000 400, 000 Merchandise B. 50, 000 70, 000 J. 120, 000 Inv., 1/1/2019 Net purchases 80, 000 E. G. 160, 000 390, 000 Goods 110, 000 160, 000 H. K. M. available for Sale Merch. Inv.. 40, 000 F. 30, 000 70, 000 N. 1/31/2019 Cost of Goods C. 140, 000 230, 000 L 380, 000 Sold Gross Profit 50, 000 40, 000 I. 160, 000 O