On June 9, 2029, VIP Corp. sold merchandise with a list price of P5,000 to Pedrita on the account. VIP allowed trade discounts of 30% and 20%. Credit terms were 2/15, n/40 and the sale was made at FOB shipping point. VIP prepaid P200 of the delivery cost for Pedrita as accommodation. On June 25, 2029, VIP received from Pedrita a remittance in full payment amounting to?

Answer rating: 100% (QA)

Sale list price is 5000 allowed trade discounts 30 and 20 1 discount 5000 30 15... View the full answer