TIAGO Merchandising has the following account balances: Purchases - P45,000; Sales returns and allowances - P6,000: Freight-in - P2,500; Delivery expenses - P4,000. What is the cost of goods purchased?" O A.951,500 O B.245,500 O CP47,500 ODP41,500 The following accounts were taken from the records of SUPERMAN Services after adjustments were posted: What is the net income for the period? Prepaid rent Rent expense Fees earned Unenmed revenue Insurance expense Advertising expensa Supplies Supplies expense Accumulated depreciation Depreciation expense P1 500 3,000 25,600 1,000 500 700 BOO 200 2.500 5od O A 921,700 B.221,300 C 921,200 D. P20,700