Self-test Decker & Co. sells office desks to various retail stores. The stores are offered a trade discount of 25 per cent as well as a 10 per cent discount for all payments made within 10 days of the invoice date.

During July 2009 Decker & Co. issued the following invoices:

Date Inv No. Customer Gross price (before trade discount)

11 July 407 Nudeal Supplies £4,200 13 July 408 Executive Offices £3,800 19 July 409 Fashion Desks £8,400 27 July 410 Executive Offices £7,600 On 20 July Executive Offices returned a desk because it was delivered damaged.
The gross price of the desk was £1,400. Decker & Co. issued a credit note for the return.
Fashion Desks returned a small desk on 24 July, as it was the incorrect colour.
The gross price of the unit was £620.
Only Nudeal Supplies pays all its invoices within 10 days of the date of invoice.
You are also required to prepare the VAT account at the end of July. VAT is calculated at 15 per cent.
You are also required to show the ledger account for Nudeal Supplies, which paid its invoice in full less the cash discount.