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Question 1 (3+2=5 Marks) Farooq Wholesale Company, Oman sells 800 pieces of Furniture @ RO 45 per piece to Mustafa Furniture Company, UAE. The shipping
Question 1 (3+2=5 Marks) Farooq Wholesale Company, Oman sells 800 pieces of Furniture @ RO 45 per piece to Mustafa Furniture Company, UAE. The shipping terms are FOB destination with the payment terms net 30. The Sales Invoice No. is 1278 and the customer Order No. 220, dated March 10 2019. On the 20th of March Furniture worth RO 225 was returned by Mustafa Furniture Company UAE as the tables received were not as per the requirement. Required: a) Draft the Invoice prepared by Farooq Wholesale Company to record the Sales. b) Draft the document prepared by Mustafa Furniture Company to record the Purchase Returns
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