On May 5, FDN Trading sold merchandise for P1,900,000 lesk 10-5 on terms 20% down, and the balance 3/10, 2/20, n/30. Two days after, the customer returned P200,000 worth of defective goods.. The account was finally paid in full on May 25. How much was the net sales generated from the above transactions?

On May 5, FDN Trading sold merchandise for P1,900,000 lesk 10-5 on terms 20% down, and the balance 3/10, 2/20, n/30. Two days after, the customer returned P200,000 worth of defective goods.. The account was finally paid in full on May 25. How much was the net sales generated from the above transactions?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6EB: Langstons purchased $3,100 of merchandise during the month, and its monthly income statement shows a...

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