On 1 March 2017, J. Blane Ltd, 7 Down Road, Middlefield, sold the following goods on credit

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On 1 March 2017, J. Blane Ltd, 7 Down Road, Middlefield, sold the following goods on credit to T. Roy & Son, Ballano Golf Club, Ringlee, Yorkshire:

Order No. B/162 4 sets 'Silver Tiger' golf dubs at £1,600 per set.

400 Rose golf balls at £32 per 10 balls.

2 Mdlroy golf bags at £410 per bag.

Trade discount is given at the rate of 30 per cent.

All goods are subject to VAT at 10 per cent.

(a) Prepare the sales invoice to be sent to T. Roy & Son. The invoice number will be 3817.

(b) Show the entries in the personal ledgers of J. Blane Ltd and T. Roy & Son.

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 27, 2024 04:00 AM

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On 1 March 2017, J. Blane Ltd, 7 Down Road, Middlefield, sold the following goods on credit

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a Sales Invoice to T Roy Son Invoice No 3817 Date 1 March 2017 Description Quantity Unit Price Total ...View the full answer

Frank Woods Business Accounting Volume 1

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