Year 9 - Accounts - 20.5.14

Thai Sikh International School

E-Learning Programme – Online Assignment –  20-05-2014

Name:                                                                                     Subject:  Accounting

Year   :  9 A/B                                                                        Week No. :  08                                  

     1. On 2 Aug 2004 Martha Musa  purchased goods on Credit from PVC Ltd. The      

    invoice, shown earlier, had a total of $268 after the deduction of trade             

     discount. In addition, Martha Musa  purchased goods $545, on credit from ABC 

      & Co. On        16 Aug (invoice number 1026). Goods were returned to PVC 

       Ltd. who issued the       credit note shown earlier, for $ 90 on 9 Aug.

     On 20 Aug  Martha Musa returned       goods to ABC  & Co. and received a 

     credit note (CR 22) for $ 74.

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