Assignment 5

Task 1 and 2 Peter Symmons 46 Hillside, Slough,Berkshire, SL1 2RW, United Kingdom To Victoria Queen & Co 103 Havisham Parade, London WC1 4AZ VAT Reg No: 11223344 2 Gardens spades at 19.50 each 1 garden fork at 18.99 10 meters of hose at 1.50 per meter 1 garden shredder at 139.50 List price Less: Trade discount at 5% Net invoice price VAT at 17.5% Gross invoice price Invoice/Credit Note Credit Note No: 200X/Cr/001 Invoice No: 200X/0665 Date: 01 June 200X 39.00 18.99 15.00 139.50 212.49 10.62 201.87 35.33 237.20

Task 3

Peter Symmons, 46 Hillside, Slough, SL1 2RW, UK To Victoria Queen & CO 103 Havisham parade , London WC1 4AZ VAT Reg No: 11223344 Credit for servicing not carried out Goods Less: Trade discount Net price VAT at 17.5% Gross price

Credit Note

Credit Note No: 200X/Cr/001 Invoice No: 200X/0665 Date: 25 June 200X 19.50 19.50 0.97 18.53 3.24 21.77

Task 4

Peter Symmons, 46 Hillside, Slough, SL1 2RW, UK To Victoria Queen & C0 103 Havisham Parade, London, WC1 4AZ VAT Reg NO:11223344

Invoice Invoice No: 200X/0666 Date: 01 June 200X

2 gardens spades at 19.50 each 1 garden fork at 18.99 10 meter of hose at 1.50 per meter 1 garden shredder at 139.50 List price Less: Trade discount 5% Net invoice price VAT at 17.5% Gross invoice price

39.00 18.99 15.00 139.50 212.49 10.62 201.87 34.26 236.13

Task 4

Peter Symmons, 46 Hillside, Slough, SL1 2RW, UK To Victoria Queen & Co 103 Havisham Parade, London, WC1 4AZ VAT Reg No: 11223344 Credit for servicing not carried out Goods Less: Trade discount at 5% Net invoice price VAT at 17.5 Gross invoice price

Credit Note Credit Note No: 200X/Cr/002 Invoice No: 200X/0666 Date: 25 June 200X 19.50 19.50 0.97 19.09 3.34 22.43

31 June 200X Balance c/f b/f Invoice 200X/0666 Credit Note 200X/Cr/002 Receipt

Stetement of Account Dr 350.50 236.13

Cr

22.43 150.00

Working: Net invoice price Cash discount at 3% Discounted price VAT at 17.5%

201.87 6.05 195.82 34.26

Working: Net invoice price 18.53 Cash discount 0.56 Adjusted net invoice price 19.09 VAT at 17.5 3.34 Gross invoice price 22.43 S/b 18.53 as your trade net S/b 3.14 if you deduct 56p off trade net figure before adding VAT S/b 21.67 when you add the trade net of 18.53 to your cash VAT

Balance 350.50 586.63 564.20 414.20