Richard, a wholesale dealer, reports his sales (inclusive of VAT at 17.5%) as stated below. You are

Question:

Richard, a wholesale dealer, reports his sales (inclusive of VAT at 17.5%) as stated below. You are required to record the sales in a Sales Day Book and post them to ledger accounts assuming that the Sales account is in Nominal ledger folio 21, VAT account in the General ledger folio 78. The accounts of the customers Pointer, West, Holmes and Upton are in the Sales ledger folios SL28, SL61, SL39 and SL22 respectively.