On the Worksheet provided on Page 10 of your Workbook, complete the Invoice that should be sent to Hillfoot Cycles

3. Ronald MacLean is the owner of Get Outdoors, a small wholesaler of accessories for
retailers and outdoors enthusiasts. He sold the following goods to Hillfoot Cycles on
20 April Year 5:
9 Mountain Bike Helmets (various colours) @ £50·00 each
5 Trail X1 Mountain Bikes @ £270·00 each
Ronald applies the following terms to all sales made to Hillfoot Cycles. Hillfoot Cycles
has agreed in advance to make prompt payment in order to receive the cash
discount. Hillfoot Cycles has requested that the invoice should reflect this.
TERMS DELIVERY
10% Trade Discount
Cash Discount — 7·5% one month
VAT— 20%
£30·00 on all orders of 15 items or less
On the Worksheet provided on Page 10 of your Workbook, complete the Invoice that
should be sent to Hillfoot Cycles.


 

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