⦁A sales invoice totaling Rs 35,000 and dated January 14 has discount terms of 2/10, n/30. If it is paid January 23 and if paid January 27, what would be the entry to record this...

⦁A sales invoice totaling Rs 35,000 and dated January 14 has discount terms of 2/10, n/30. If it is paid January 23 and if paid January 27, what would be the entry to record this transaction? ⦁Record the following transactions in the cash receipts journal: (Format is given Below) March: 3Received Rs 6000 from J.Ballin settlement of her account 10Received Rs 6150 from B. Elder in settlement of his account 14 Cash sales for a 2-week period, Rs 4,400 28 Sold Rs 2000 of office supplies to T.S Company (not a merchandise item) 30Owner made additional investment, Rs 15,000 30 Cash sales for the last two weeks, Rs 2600•A sales invoice totaling Rs 35,000 and<br>dated January 14 has discount terms of<br>2/10, n/30. If it is paid January 23 and if<br>paid January 27, what would be the entry<br>to record this transaction?<br>•Record the following transactions in the<br>cash receipts journal: (Format is given<br>Below)<br>March: 3 Received Rs 6000 from J.Ballin<br>settlement of her account<br>10 Received Rs 6150 from B. Elder in<br>settlement of his account<br>14 Cash sales for a 2-week period, Rs<br>4,400<br>28 Sold Rs 2000 of office supplies to T.S<br>Company (not a merchandise item)<br>30 Owner made additional investment, Rs<br>15,000<br>30 Cash sales for the last two weeks, Rs<br>2600<br>

Extracted text: •A sales invoice totaling Rs 35,000 and dated January 14 has discount terms of 2/10, n/30. If it is paid January 23 and if paid January 27, what would be the entry to record this transaction? •Record the following transactions in the cash receipts journal: (Format is given Below) March: 3 Received Rs 6000 from J.Ballin settlement of her account 10 Received Rs 6150 from B. Elder in settlement of his account 14 Cash sales for a 2-week period, Rs 4,400 28 Sold Rs 2000 of office supplies to T.S Company (not a merchandise item) 30 Owner made additional investment, Rs 15,000 30 Cash sales for the last two weeks, Rs 2600

Jun 11, 2022
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