University - Year 2

Accounting

4,000,00
1.) Accounts receivable 0
Sales 4,000,000

2.) Cash 1,470,000

Sales discount 30,000
Accounts receivable 1,500,000

3.) Cash 1,000,000

Accounts receivable 1,000,000

4.) Sales return 100,000

Accounts receivable 100,000

5.) Sales return 20,000

Allowance for sales return 20,000

4,500,00
1.) Accounts receivable 0
4,500,00
Sales 0

2.) Cash 4,410,00

 0
Sales discount 90,000
4,500,00
Accounts receivable 0

4,500,00
3.) Cash 0
4,500,00
Accounts receivable 0