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On March 10, FDN Trading sold merchandise with a list price of P524,000 less 10-5, on terms 2/10,n/30. How much was the invoice price of
On March 10, FDN Trading sold merchandise with a list price of P524,000 less 10-5, on terms 2/10,n/30. How much was the invoice price of the merchandise? On July 10,2022, FDNACCT Services received from client a 60-day,12\%, P174,000 note for services rendered. Unfortunately, the client dishonored the note on maturity date. At what amount should Interest Income account be credited on maturity date? On December 1 , the Accounts Receivable account of FDNACCT Services had a P104,000 debit balance. During December, the business earned P126,500 in revenue, of which 70% are on account. Total collections of account amounted to P24,000. How much is the balance of Accounts Receivable account as of December 31 ? The Office Supplies account of FDNACCT Services had an ending balance of P107,000 debit balance. Posted to the account were total credits of P25,000 and total debits of P64,000. How much was the beginning balance of Office Supplies account? On July 26,2022 , FDNACCT Services issued to a lender a 120 -day, noninterest-bearing P400,000 note for a down payment to purchase a delivery van. When was the maturity date of the note? Enter your answer as month/day/year. Examples: April 2, 2022 as 04022022 [no spaces in between] May 15, 2022 as 05152022 [no spaces in between] October 21, 2022 as 10212022 [no spaces in between]
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