On 1 March 2024, A. Cook, 7 Down Road, Middlefield, sold the following goods on credit to
Question:
On 1 March 2024, A. Cook, 7 Down Road, Middlefield, sold the following goods on credit to B. Pitt, Ballano Golf Club, Ringlee, Yorkshire:
Order No. B/162 5 sets golf clubs at £1,250 per set.
500 golf balls at £25 per 10 balls.
5 golf bags at £370 per bag.
Trade discount is given at the rate of 30%.
All goods are subject to VAT at 20%.
(a) Prepare the sales invoice. The invoice number will be 4231.
(b) Show the entries in the personal ledgers of A. Cook and B. Pitt.
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a Style of invoice will vary Calculations b 5 sets of golf clubs ...View the full answer
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