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big company had the following TA FOR THE PERIOD ENDED. CASH SALES P200,000. CREDIT SALES OF P140,000; SALES DISCOUNTS P12,500; SALES RETURN P10,000; FREIGHT IN
big company had the following TA FOR THE PERIOD ENDED. CASH SALES P200,000. CREDIT SALES OF P140,000; SALES DISCOUNTS P12,500; SALES RETURN P10,000; FREIGHT IN P7,500 AND FREIGHT OUT P8,000. The company would report gross sales revenue on its income statement of
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