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How much did shaoni paid to nihao

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Q1. Bay purchased merchandise on account for P10,000 from Beth with term FOB shipping point. The freight cost was P1,500 and was paid by Bay. Upon the arrival of the carrier, it was found out that the merchandise got lost while in transit. The carrier company accepted the loss as their fault. How much is the subsequent collection of Beth from Bay?

Q2. On January 10, 2021, Nihao Company sold merchandise on account FOB destination to Shaoni Company for P20,000. Shaoni paid the freight cost of P1,500 to be deducted from its account. How much did Shaoni paid to Nihao?

Reference no: EM132986870

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