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-   -   Posting transaction into entry (https://www.askmehelpdesk.com/showthread.php?t=261833)

  • Sep 18, 2008, 08:42 AM
    albert1989
    Posting transaction into entry
    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
  • Oct 15, 2008, 03:37 PM
    pready

    Debit Cash 33,176
    Credit Sales Revenue 33,176
    (1,430*80%*29)

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