The partial trial balance of Rosfe Badoy Merchandising for the year ended December 31, 208 is...

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The partial trial balance of Rosfe Badoy Merchandising for the year ended December 31, 208 is given below: Debit Credit R. Badoy, Capital P 357,000 R. Badoy, Drawing P 50,000 Sales 1,857,000 Sales Returns & Allowances 15,000 Sales Discounts 8,000 Purchases 950,000 Purchase Returns & Allowances 5,000 Purchase Discounts 3,000 Freight-In 6,000 Freight-Out 2,000 Salesmen's Commission 45,000 Merchandise Inventory: Jan. 1, 20B P250,000 Dec. 31, 20B 100,000 Q-1 - How much is net sales? a) P1,842,000 b) P1,834,000 c) P1,753,000 d) none of the above Q-2 - How much is gross purchases? a) P 956,000 b) P 950,000 c) P 948,000 d) none of the above Q-3 - How much is the net purchases? a) P 950,000 b) P 949,500 c) P 948,000 d) none of the above Q-4 - How much is the cost of goods available for sale? a) P1,208,000 b) P1,198,000 c) P1,008,000 d) none of the above The partial trial balance of Rosfe Badoy Merchandising for the year ended December 31, 208 is given below: Debit Credit R. Badoy, Capital P 357,000 R. Badoy, Drawing P 50,000 Sales 1,857,000 Sales Returns & Allowances 15,000 Sales Discounts 8,000 Purchases 950,000 Purchase Returns & Allowances 5,000 Purchase Discounts 3,000 Freight-In 6,000 Freight-Out 2,000 Salesmen's Commission 45,000 Merchandise Inventory: Jan. 1, 20B P250,000 Dec. 31, 20B 100,000 Q-1 - How much is net sales? a) P1,842,000 b) P1,834,000 c) P1,753,000 d) none of the above Q-2 - How much is gross purchases? a) P 956,000 b) P 950,000 c) P 948,000 d) none of the above Q-3 - How much is the net purchases? a) P 950,000 b) P 949,500 c) P 948,000 d) none of the above Q-4 - How much is the cost of goods available for sale? a) P1,208,000 b) P1,198,000 c) P1,008,000 d) none of the above