Given: Qty Unit Price (excl of 20%VAT) PLAIN WHITE SHIRTS 2 £ 13.10 PLAIN COLORED SHIRTS 50 £ 13.60 WHITE SHIRTS WITH PRINT 11 £ 15.00 COLORED SHIRT WITH PRINT 30 £ 15.50 Per Unit Discount Item Quantity List Price % Amount Total Subtotal VAT Amount Due

Given: Qty Unit Price (excl of 20%VAT) PLAIN WHITE SHIRTS 2 £ 13.10 PLAIN COLORED SHIRTS 50 £ 13.60 WHITE SHIRTS WITH PRINT 11 £ 15.00 COLORED SHIRT WITH PRINT 30 £ 15.50 Per Unit Discount Item Quantity List Price % Amount Total Subtotal VAT Amount Due

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

USE GOOGLE SHEET

Use the template below and create your own invoice for purchased products of a VAT registered customer. The products are enumerated below with unit price at gross of VAT, a 3% discount has been given to the customer. Do all formulas required. Format the invoice for clarity.

Given:
Qty
Unit Price (excl of 20%VAT)
PLAIN WHITE SHIRTS
2
£ 13.10
PLAIN COLORED SHIRTS
50
£ 13.60
WHITE SHIRTS WITH PRINT
11
£ 15.00
COLORED SHIRT WITH PRINT
30
£ 15.50
Per Unit Discount
Item
Quantity
List Price
%
Amount
Total
Subtotal
VAT
Amount Due

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