On January 1 2018, Zeus supplied goods on credit to a customer. The goods had a list of Php450,000. Due to the size of the order, the customer received a volume discount of Php50,000. 

The terms of sale allowed the customer a prompt payment cash discount of Php20,000 provided payment was made before January 31 ,2018?

On January 30, 2019, the customer paid Php80,000. What is the entry for the volume discounts? What is the entry for cash discount?2. Aubern Co. regularly sells products X, Y, Z individually at the following stand-alone selling prices: 
Product Stand-alone selling priceX 40 Y 55 Z 45 TOTAL 140
In addition, Aubern sells product Y and Z together for Php60. Aubern entered into a contract with a customer to sell Product X, Y and Z in exchange for Php100. Aubern will satisfy the performance obligations for each of the products at difference point in time?Allocate the transaction price based on relative stand-alone prices?