O-LevelAccountingSources and recording of dataOct/Nov 2018Paper 2 Q110 Marks
Lohit is a supplier of goods to Asanka. The following entries require recording in the books of Asanka for the month of August 2018. August 1 Asanka owed Lohit, $90 9 Lohit supplied goods to Asanka, list price $80 less 15% discount 10 Asanka returned goods, list price $20, supplied on 9 August 15 Asanka paid $97 by cheque after deducting $3 discount
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