Question: ACC 1101 TUTORIAL - TRADE RECEIVABLE 1 Question 1 10/9/2016 Sold goods to ABC Sdn. Bhd. on credit worth RM50,000. A discount of 1% was

ACC 1101 TUTORIAL - TRADE RECEIVABLE 1 Question 1 10/9/2016 Sold

ACC 1101 TUTORIAL - TRADE RECEIVABLE 1 Question 1 10/9/2016 Sold goods to ABC Sdn. Bhd. on credit worth RM50,000. A discount of 1% was given to ABC for purchase in large quantity. Credit term 3/15, net 45. 16/9/2016 ABC returned faulty goods worth RM4,000. 25/9/2016 ABC made full settlement of the amount due by cash. Required: Journalise the above transactions

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