Question
Merchandise shipped fob destination to customer was made on January 5, 2006 for P25,000. The customer issued P10,000 12% 30-day note and the balance 2/10,
Merchandise shipped fob destination to customer was made on January 5, 2006 for
P25,000. The customer issued P10,000 12% 30-day note and the balance 2/10, n/30
on January 10, 2006, the date the goods were received. The customer made a partial
payment on January 15, 2006 for P5,000. Payment was made within the discount
period. How much discount was granted?
a. P 0 b. P 200 c. P 300 d. P 500
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Auditing Your Windows Infrastructure Intranet And Internet Security A Practical Audit Program For Assurance Professionals
Authors: Nwabueze Ohia
1st Edition
1521804133, 978-1521804131
