Question: Hello im in rush right now can someone please help me. I need clear solution that is easy to copy thank you!! Please provide correct

Hello im in rush right now can someone please help me. I need clear solution that is easy to copy thank you!!

Please provide correct answer thanks you! I need this Asap

Hello im in rush right now can someone please
For items 12-14: Bex Company started business at the beginning of current year. The entity established an allowance for doubtful accounts estimated at 5% of credit sales. During the year, the entity wrote off P50,000 of uncollectible accounts. Further analysis showed that merchandise purchased amounted to P9,000,000 and ending merchandise inventory was P1,500,000. Goods were sold at 40% above cost. The total sales comprised 80% sales on account and 20% cash sales. Total collections from customers, excluding cash sales, amounted to P6,000,000. 12) What amount should be reported as cost of goods sold? a . 7,500,000 b. 5,400,000 C. 3,600,000 d. 6,900,000 e . none of the above 13) What amount should be reported as sales on account? a. 10,500,000 b. 18,750,000 C. 12,000,000 d. 8,400,000 e. none of the above 14) What is the net realizable value of accounts receivable a year-end? a. 1,980,000 b. 2,350,000 c. 1,930,000 d. 2,400,000 e. none of the above

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