The facts are the same as practice activity 2.8.
Additional information:
On June 3, Madam Ebere returned one realm of A4 paper complaining that she could not use some sheets in her photocopier because they were all damp. Further inspection by Mr. Munachim showed that his Enterprise stored the papers next to a room where a water pipe had just been fixed after four days of leaking. Madam Ebere agreed to keep the A4 paper. Munachim Enterprises decided to give her a discount of 30%.
On June 18, Munachim Enterprises received a complaint from Mr. Tim that out of the five mathematical sets sold to him, two of them were dented and did not look presentable when displayed on the inventory shelf. Munachim Enterprises agreed to give Mr. Tim a 30% discount because he eventually decided to keep the mathematical sets after apologies from Mr. Munachim.
The number of the previously issued Credit Note was 1003.
Required:
i. Prepare the Credit Notes that will be issued to Madam Ebere and Mr. Tim; and
ii.Record the transactions in the day book to show goods returned from customers for June 2019.
Suggested answers to practice activity 2.10
i.
ii.
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