On 1 May 20X7, F Marr Ltd, 2 Frank Lane, Manchester, sold the following goods on credit

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On 1 May 20X7, F Marr Ltd, 2 Frank Lane, Manchester, sold the following goods on credit to M Low & Son, Byron Golf Club, Cheesham, Notts:

Order No A/496

3 sets ‘Tiger Gold’ golf clubs at £810 per set.

150 Rose golf balls at £20 per 10 balls.

4 Daly golf bags at £270 per bag.

Trade discount is given at the rate of 33¹^/³%.

All goods are subject to VAT at 10%.

(a) Prepare the sales invoice to be sent to M Low & Son. The invoice number will be 2094.

(b) Show the entries in the personal ledgers of F Marr Ltd and M Low & Son.

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Frank Woods Business Accounting Volume 1

ISBN: 9780273681496

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Aug 19, 2023 06:10 AM

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On 1 May 20X7, F Marr Ltd, 2 Frank Lane, Manchester, sold the following goods on credit

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a Sales Invoice F Marr Ltd 2 Frank Lane Manchester Invoice No 20...View the full answer

Frank Woods Business Accounting Volume 1

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