Reference no: EM132801984
Question - Blue Dragon Ltd of Lancaster Road, Denton M36 7WH is selling the following items at the retail prices shown: plastic tubing at £1 per metre, polythene sheeting at £2 per length, vinyl padding at £5 per box, foam rubber at £3 per sheet. Blue Dragon makes the following credit sales:
On 02 January 2015, to Liberty Ltd, 5 Rockley Road, Worthing: 22 metres plastic tubing, 6 sheets foam rubber, 4 boxes vinyl padding.
On 09 January 2015, to Bogdanka Inc. 14 Lancaster Road, Essex: 50 lengths polythene sheeting, 8 boxes vinyl padding, 20 sheets foam rubber.
On 22 January 2015, to Apolonia Ltd, Moor Lane, Cheshire: 4 metres plastic tubing, 33 lengths of polythene sheeting, 30 sheets foam rubber.
On 28 January 2015, to Mills Co. of Maine Road, Liverpool: 29 metres plastic tubing
On 31 January 2015, to Home Builders, Haughton Green Road, Bath: 32 metres plastic tubing, 24 lengths polythene sheeting, 20 boxes vinyl padding.
Required -
a. Draw up a Sales Invoice for each of the above credit sales (ignore VAT in your calculations).
b. Enter them up in the Sales Day Book.
c. Post them to personal t-accounts in the Sales Ledger.
d. Transfer the total sales for January to the sales account in the General Ledger.
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