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albert1989
Sep 18, 2008, 08:42 AM
how do you record this transaction?
Made cash of 29 cameras for a list of $1430 each. A trade discount of 20% applies.
*ignore the cost of sales

pready
Oct 15, 2008, 03:37 PM
Debit Cash 33,176
Credit Sales Revenue 33,176
(1,430*80%*29)