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What the company merchandise inventory for zach market

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Reference no: EM133007433

Problem 1: Zach's Market recorded the following events involving a recent purchase of merchandise: Received goods for P50,000, terms 2/10, n/30. Returned P1,000 of the shipment for credit. Paid P250 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's merchandise inventory

A) increased by P49,250.
B) increased by P48,270.
C) increased by P48,020.
D) increased by P48,265.

Reference no: EM133007433

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