Reference no: EM132470043
Below transactions are the extracts from the books of CT & Co. LTD. for the month of June 2017
Point 1. Purchased 12 large sacks of Chocolate Coated Coffee Beans from Klam Wholesalers for $390 each, terms net 30.
Point 2. Sold 12 packages of Thermal Coffee Mugs to Kava Java for $610 each, Invoice No. 339.
Point 3. Made cash sale of 3 boxes of wrapped Chocolate Mints for $830 each.
Point 4. Purchased 10 large sacks of Chocolate Coated Coffee Beans from Buena Vista Coffee for $450 each, terms 2/10, n/30.
Point 5. Purchased 16 boxes of wrapped Chocolate Mints from Dominga Wholesalers for $500 each, terms net 30.
Point 6. Sold 8 boxes of insulated Coffee Cup Lids to Central Coffee for $590 each, Invoice No. 340.
Point 7. Made cash sale of 27 bags of Medium Roast Arabica Coffee Beans for a list price of $600 each. A trade discount of 20% applies
Point 8. Received a purchase order from Con's Coffee to deliver 38 boxes of insulated Coffee Cup Lids to this customer for $590 each.
Point 9. Kava Java returned 7 packages of Thermal Coffee Mugs that were originally sold for $610 each on 11 June. These items cost $370 each and were not faulty or damaged. Issued a Credit Note for $4,270
Point 10. Made cash sale of 29 boxes of wrapped Chocolate Mints for $830 each.
Point 11. Purchased 13 bags of Medium Roast Arabica Coffee Beans with cash for a list price of $360 each. A trade discount of 20% applies,
Required:
Question : Using the above information, you are required to process:
- Sales Invoices to the customers;
- Bills from the Vendors
- Purchase Orders
- Credit Note
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