Accounts payable at gross was ₱1,500,000. There were discounts available in the accounts payable balance of ₱10,000. The net accounts payable amount was ₱1,490,000 after applying the available discounts.
Accounts payable at gross was ₱1,500,000. There were discounts available in the accounts payable balance of ₱10,000. The net accounts payable amount was ₱1,490,000 after applying the available discounts.
Accounts payable at gross was ₱1,500,000. There were discounts available in the accounts payable balance of ₱10,000. The net accounts payable amount was ₱1,490,000 after applying the available discounts.
A. 500 Sweaters X 1,000 Price of Sweaters 500,000 500000 Alt Payable For Consigned Goods 0.1 50000 Commission B. Journal Entry 450,000 Commission 50,000 Accounts Payable 500,000