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Name of Buyer Sofitel Company City Garden Company Eton Tower Company Heritage Company Belmont Company

Cost of Merchandise 537,000.00 45,000.00 333,000.00 203,000.00 89,000.00

P750.00 discount for


Trade discount 11% every P5,000 purchased 4%, 2%, 1%
Cash discount 2/10, n/eom 3/15/eom, n/60 3/15, 1/10, n/eom 1.5/eom, n/45
Date of purchase 15-Mar-10 15-Mar-10 25-Mar-10 15-Mar-10 15-Mar-10
Date paid 21-Mar-10 16-Mar-10 25-Apr-10 27-Mar-10 25-Mar-10
Returns made 2 days after
purchase 17,000.00 5,200.00 3,100.00
F. O. B. - shipping point destination shipping point destination shipping point
Freight charges 4,200.00 600.00 4,500.00 2,200.00 1,500.00
Freight charges paid by buyer seller seller seller buyer

Complete the table below using the following information above. Computations on the next sheet
Name of Buyer Sofitel Company City Garden Company Eton Tower Company Heritage Company Belmont Company
1 Trade discount, if any A E I M Q
2 Invoice Price (before any returns) B F J N R
3 Purchase discount to be
recorded upon payment C G K O S
4 Amount of Cash (payment)
to be credited D H L P T

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