Question
Al Qud, Paramount House, Bausher, is dealing in trading of Furniture. They are selling the following items through his retail shop in Bausher: Tables $600
Al Qud, Paramount House, Bausher, is dealing in trading of Furniture. They are selling the following items through his retail shop in Bausher:
Tables $600 per table,
Chairs at $600 per chair,
Cupboards at $3000 per cupboard
Revolving Chairs at $200 per chair.
Required:
Calculate the amounts to be recorded in Sales Day Book in respect of the following sales made during the month of November 2019 [ 3 MARKS]
Nov 1 To Mazin, Shinas: 10 tables, 4 revolving chairs, Less 25% trade discount.
Gross Amount:
Trade Discount:
Net Amount:
Nov 5 To Bashir Co, Sohar: 14 chairs, 9 revolving chairs. Less 40% trade discount.
Gross Amount:
Trade Discount:
Net Amount:
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