uestion Prepare the related books of prime entry for the above transactions.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Prepare the related books of prime entry for the above transactions.
Transcribed Image Text:Zeus Company carried out the following transactions during April 2021.
April
1
Sent invoice no. 700 to Hera Trading , at a list price amounting to RM2,500, less trade
discount of 10%.
Credit purchase of goods (invoice no. 674) from Apollo Ltd amounting to RM1,000,
less trade discount of 15%.
4
9
Credit note no. 288 sent to Hera Trading for goods returned at list price of RM880.
Received credit note (No. 771) from Apollo Ltd at list price of RM900 for goods
purchased on 4 October.
13
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