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12 Fundamentals 12
12 Fundamentals 12
12 Fundamentals 12
FUNDAMENTALS OF ABM 2
Week 3
(Grade 12 - ABM)
I. TOPIC
Answer:
2. Juana Dela Cruz, owner of Friendly Convenient Store, sold 3 boxes of ballpoint pens to Mrs. Susan
Gonzales on account at price of ₱150 per box or ₱15 per pen. Juana gave Mrs. Gonzales two weeks to
pay the account. Moreover, Juana told Mrs. Gonzales that she will deduct 2% discount if she pays within
a week.
Mrs. Gonzales returned one week later. She returned five pens and took advantage of the discount.
Determine the amount of Sales, Sales return, Sales Discount and Net Sales from the transaction with
Mrs. Gonzales.
Answer:
3. Juana Dela Cruz, owner of Friendly Convenience Store, asked for your help to determine the cost of
sales of her store. This is the first year of operations for Juana’s store. She provided the following data to
you.
Based on the inventory count taken at the last day of the year, the ending
inventory valued at ₱2,320. How much is cost of sales?
Answer:
VII. REFLECTION
Write down your most essential lessons and reflection about the topic.
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