On August 8, 20xx, Alonzo Trading purchased merchandise with a list price of P1,700,000.00 a. b. C. d. Trade Discount Credit Terms Date Paid 20% cash on delivery (COD) Aug 8, 20xx 15% 2/10; n/30 Aug 17, 20xx 10% 3/10, n/30 Aug 18, 20xx 5% 5/10; n/30 Aug 20, 20xx 25 % n/30 Sept 7, 20xx For each trade discount / credit terms, determine the following: 1. the amount recorded as sales 2. the amount of cash received e. Required: 306