A.

Gross Sales
Cash receipts from customers 8,000,000
Add: Accounts Receivable, Dec. 31 2X16 1,350,000
Sales returns 250,000
Sales discounts 500,000
Accounts written off 100,000 2,200,000
Total 10,200,000
Less: Accounts Receivable, Dec. 31 2X15 1,200,000
Payment to customers 50,000 1,250,000
Gross Sales ₱ 8,950,000

B. Net Sales
Gross Sales 8,950,000
Less: Sales returns 250,000
Sales discounts 500,000 750,000
Net Sales ₱ 8,200,000

C. Gross Purchases
Cash payments to trade creditors 5,000,000
Add: Accounts Payable, Dec. 31, 2X16 1,850,000
Purchase discounts 200,000
Purchase returns 400,000 2,450,000
Total 7,450,000
Less: Accounts Payable, Dec. 31, 2X15 1,500,000
Cash received from supplier 100,000 1,600,000
Gross Purchases ₱ 5,850,000

D. Net Purchases
Gross Purchases 5,850,000
Less: Purchase discounts 200,000
Purchases returns 400,000 600,000
Net Purchases ₱ 5,250,000