1.

Pande General Merchandise having this following accounts for the year ended
December 31, 2017.
• Sales - Php500,000.00 Freight- in - 18,000.00
• Sales Returns and Allowances - 45,000.00 Ending Inventory – 20,000.00
• Sales Discounts - 20,000.00
• Salary – Secretary - 10,000.00
• Salary – Janitor - 6,000.00 Prepare a multi-step SCI
• Salaries – Delivery Boy - 10,000.00
• Salaries – Tindera - 15,000.00
• Utilities – Admin - 3,000.00
• Utilities- Selling - 3,000.00
• Purchases - 180,000.00
• Purchase Discount - 15,000.00
2. Liseli Vulcanizing Shop have this following accounts for the year
ended December 31, 2016.

Vulcanizing Income - 10,000.00

Carwash Income - 3,000.00
Change Oil Income - 2,000.00
Rent Expense - 1,500.00
Supplies Expense - 2,000.00
Miscellaneous Expense - 1,000.00

Compute for Cost of Goods Available for sale.