Mohammed Hassan Wholesale Company, Oman sells 375 pieces of Furniture for a total amount of RO 22,500
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Question:
Mohammed Hassan Wholesale Company, Oman sells 375 pieces of Furniture for a total amount of RO 22,500 to Anas Ismail Furniture Company, Sharjah. The shipping terms are FOB destination with the payment terms 3/30 EOM net 60. The Sales Invoice No. is 6584 and the customer Order No. 560; dated November10 2019. On the 15th of November Anas Ismail Furniture company returned 20 pieces of the Furniture Purchased as they were damaged during transit.
Required:
a) Draft the invoice as prepared by Anas Ismail Furniture Company to record the Purchases.
b) Draft the document prepared by Mohammed Hassan Wholesale Company to record the sales returns.
Related Book For
Business Law Principles and Practices
ISBN: 978-1133586562
9th edition
Authors: Arnold J. Goldman, William D. Sigismond
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