On 03.03.20X1 TK sold goods at a price of EUR 35,000 plus VAT on target to the customer CB. TK will receive the payment on March 20th, 2020X1, with a 4% discount deducted, by transfer to his company bank account. At the end of 20X1 it turns out that CB has reached a sales target. CB will receive a bonus of EUR 595 (incl. VAT) by bank transfer on 12/30/20X1. Which of the following posting records result/result in 20X1 from the business transactions mentioned? Bank 41.055 EUR an Ford. also Lul 41.650 EUR customer bonuses 500 EUR Act 95 EUR cash discount expense 1.400 EUR an Bank 1.666 EUR Act 266 EUR Bank 41.650 EUR an revenues 35.000 EUR Act 6.650 EUR Bank 39.984 EUR an Ford. also Lul 41.650 EUR kash discount expense 1.400 EUR Act 266 EUR

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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On 03.03.20X1 TK sold goods at a price of EUR 35,000 plus VAT on target to the customer CB. TK will receive the payment on March 20th, 2020X1, with a 4% discount deducted, by transfer to his
company bank account. At the end of 20X1 it turns out that CB has reached a sales target. CB will receive a bonus of EUR 595 (incl. VAT) by bank transfer on 12/30/20X1. Which of the following
posting records result/result in 20X1 from the business transactions mentioned?
Bank
41.055 EUR an Ford. also Lul
41.650 EUR
customer bonuses
500 EUR
Act
95 EUR
cash discount expense
1.400 EUR
an Bank
1.666 EUR
Act
266 EUR
Bank
41.650 EUR
an revenues
35.000 EUR
Act
6.650 EUR
Bank
39.984 EUR
an Ford. also Lul
41.650 EUR
kash discount expense
1.400 EUR
Act
266 EUR
Transcribed Image Text:On 03.03.20X1 TK sold goods at a price of EUR 35,000 plus VAT on target to the customer CB. TK will receive the payment on March 20th, 2020X1, with a 4% discount deducted, by transfer to his company bank account. At the end of 20X1 it turns out that CB has reached a sales target. CB will receive a bonus of EUR 595 (incl. VAT) by bank transfer on 12/30/20X1. Which of the following posting records result/result in 20X1 from the business transactions mentioned? Bank 41.055 EUR an Ford. also Lul 41.650 EUR customer bonuses 500 EUR Act 95 EUR cash discount expense 1.400 EUR an Bank 1.666 EUR Act 266 EUR Bank 41.650 EUR an revenues 35.000 EUR Act 6.650 EUR Bank 39.984 EUR an Ford. also Lul 41.650 EUR kash discount expense 1.400 EUR Act 266 EUR
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