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On November 10, 2021, FDN Trading purchased goods for resale at a list price of P300,000 less 10-5 on terms 20% down payment, balance 2/10,n/30.
On November 10, 2021, FDN Trading purchased goods for resale at a list price of P300,000 less 10-5 on terms 20% down payment, balance 2/10,n/30. On November 13, FDN issued a debit memo for defective merchandise purchased amounting to P10,500. The account was paid in full on November 30, 2021. How much is the amount to be recorded as Purchases on November 10, 2021
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