How to create the credit note in MYOB

Assignment Help Accounting Basics
Reference no: EM132840251

Question - Let's assume that five of the tents shipped to Outdoor Life Pty Ltd was damaged before they reached the customer. You are instructed to give the customer a credit note of 55 dollars (10 dollars per unit plus 10% GST) for the five damaged tents. Briefly describe how to create the above credit note in MYOB.

Reference no: EM132840251

Questions Cloud

Make the necessary adjusting entries at the end : The business has two part-time employees who each earn $190 per day. Make the necessary adjusting entries at the end
Which message concept or approach is more effective : In Chapter 13, you learned there are different messaging concepts/approaches: Benefits, Fear Appeal, Perceived Threat, Hope, Barriers, Consequences.
What elements you think you might want to include : Imagine that you want to open your own Family Child Care Home. Reflect on what your setting would look like, what elements you think you might want to include.
What might the early childhood professional have said : What might the early childhood professional have said or done to improve the quality of the interactions and better promote an anti-bias learning environment?
How to create the credit note in MYOB : You are instructed to give the customer a credit note of 55 dollars for the five damaged tents. How to create the credit note in MYOB
Describe how creative arts will be integrated : Incorporating creative arts in literacy instruction can increase student learning and enrich language acquisition as students grow. For example, music assists.
Communications management-implementing an erp system : Describe how you would plan for communications to successful delivery and implementation of an Enterprise Resource Planning Management (ERP) system for the firs
How the integration of creative arts can support reading : Explain how the integration of creative arts can support reading and oral language in early childhood? How does integrating creative arts and English language.
Difference between formal and informal performance : Define ethical and legal issues that may emerge in performance appraisals difference between formal and informal performance appraisals, along with ethical and

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd