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How much sales revenue will h- m record on the book

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Problem 1: H & M Car Parts sells parts to CGC Corp. during 2018. H & M offers rebates of 2% on purchases up to P30,000 and 3% on purchases more than P30,000 if customers purchases for the year exceeds P100,000. CGC total purchase during the year is P150,000. On July 19, CGC made a purchase of car parts amounting to P40,000. How much sales revenue will H& M record on his book?

Reference no: EM132835736

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