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Prepare the journal entries to record this transaction

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Question - Soda Ltd sells plastic bottles. Wholesale customers that purchase more than 8000 bottles per month are entitled to a discount of 4% on their purchases. On 1 March 2019, Customer P ordered 15 crates of bottle from Soda Ltd. Each crate contains 2000 bottles. The normal selling price per crate is $300. Soda Ltd delivered the 15 crates on 15 March 2019. Customer P paid for the goods on 15 April 2019. The end of Soda Ltd's reporting period is 30 June. Prepare the journal entries to record this transaction by Soda Ltd for the year ended 30 June 2019.

Reference no: EM131986237

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