Reference no: EM132952126
Question - INVOICES, CREDIT NOTES, REMITTANCES PAYMENTS AND RECEIPTS - Below transactions are the extracts from the books of Coffee Tea & Company Ltd. for the month of Jan 2020:
1. Sold 12 packages of Thermal Coffee Mugs to Kava Java for £610 each, Invoice No. 339.
2. Made cash sale of 3 boxes of wrapped Chocolate Mints for £830 each.
3. Purchased 16 boxes of wrapped Chocolate Mints from Dominga Wholesalers for £500 each, terms net 30.
4. Sold 8 boxes of insulated Coffee Cup Lids to Central Coffee for £590 each, Invoice No. 340.
5. 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
6. 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
7. Made cash sale of 29 boxes of wrapped Chocolate Mints for £830 each.
8. Purchased 13 bags of Medium Roast Arabica Coffee Beans with cash for a list price of £360 each. A trade discount of 20% applies.
9. Paid Dominga Wholesalers full outstanding amount.
Required - Using the above information, you are required to process:
Sales Invoices to the customers
Sales Receipts
Payment Vouchers for Cash Purchases
Remittance Payments
Credit Notes