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Kate sells goods to local customers. The following sales were made during May 2020: May 1 Amy 5 Betty 8 Cindy 22 Denny Retail prices
Kate sells goods to local customers. The following sales were made during May 2020: May 1 Amy 5 Betty 8 Cindy 22 Denny Retail prices 3,935 1,430 7,540 300 Trade discount % 20 10 30 2 Sales returns during May 2020: May 8 Betty 22 Amy Retail price $ 80 Part of the May 5 delivery 165 Part of the May 1 delivery Trade receivables ledger balances at 1 May 2020 including: S Betty 450 Cindy 444 Denny 120 Required Prepare for the month of May 2020: (b) (c) Sales day book Returns inwards day book Trade receivables ledger control account (11 marks) (7 marks) (7 marks) Total: (25 marks)
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