L Barchi sold goods to J Altimo for $550 on 15 July. A discount of $22 was
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L Barchi sold goods to J Altimo for $550 on 15 July. A discount of $22 was to be allowed if the remittance was received by 25 July. L Barchi received the remittance from J Altimo on 25 July and allowed the discount. Show the remittance in the cash receipts journal (or general journal) of L Barchi.
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Related Book For 
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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