Kindly answer the following:

Lagota Co. purchased P4,000 of merchandise from Chillra 1 point Co. The credit terms were 2/10, n/30. The freight term was FOB shipping point. Freight costs of P70 were included in the invoice. What journal entry should Lagota Co. record, assuming Lagota Co. uses a periodic inventory system? * DR: Purchases, P4,000; DR: Freight-In, P70; CR: Accounts Payable, P4,070 O DR: Merchandise Inventory, P4,070; CR: Accounts Payable, P4,070 DR: Purchases, P4,000; CR: Accounts Payable, P4,000 O DR: Merchandise Inventory, P4,000; DR: Freight-In, P70; CR: Accounts Payable, P4,070 1 point A customer purchased a product that has a list price of P50,000. The term of the purchase was: 20%, 10%, 2/10, n/30. How much would be the invoice price of the purchase? * O P50,000 x 70% x 98% O P50,000 x 80% x 90% O P50,000 x 80% x 90% x 98% O P50,000 x 70%