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