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You issue a Sales Invoice to RRR Ltd. for Event Planning in the amount of $4,000+GST, The customer claims the company overbilled him by $250+GST.
You issue a Sales Invoice to RRR Ltd. for Event Planning in the amount of $4,000+GST, The customer claims the company overbilled him by $250+GST. We issue a credit note to the customer to adjust for the overcharge. What is the net amount RRR owes us? use 5% GST. $4,200.00 $3,937.50 $3,750.00 $3,571.43
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
