LETRAS
which would be the treatment if I sell 6 computers 07/14/1907 as/36000 + VAT to credit with letters to 18 months vcto c 14 c / m , q is rotated by a debit note for the q s/1800 interest be paid each month, which is the accounting treatment for this and to register to as cost of sales for all or only a part truth I do not understand, please appreciate your help ..... Atte enough Wednesday, July 23, 2008
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Gicela ------------------------------------------------ --------------------------------
Rpta.
For Sale 42,840.00 12 ---------- --- 70 ---------- --------------
- 6,840.00 36,000.00
40----------- --------------- ----------------- ------------------------------
Send Invoice Change
12.3 --------- ---------------------------------- -------- 42840.00 42840.00 12.1
For
Interest
16 ---------- ---------------- --- 40-----------
1,800.00 1,512.61 ---------------- 76-----------
287.39 Cost of Sales
This will depend that you are using FIFO method - average, the record is in the amount of the 6 computers that are selling.
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