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Source Documents Scenarios Based 2026

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PDF 720.13 KB 8 pages Jul 23, 2026
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1 SOURCE DOCUMENTS SCENARIOS. 1.Bright Stationers Ltd, a business located in Kampala, sold goods on credit to Sunrise Secondary School on 15th February 2026. The invoice details were as follows:  50 cartons of printing paper at UGX 25,000 each  30 boxes of blue pens at UGX 12,000 each  Trade discount of 5% was allowed  Invoice No: 0145 On 20th February 2026, Sunrise Secondary School returned:  10 cartons of printing paper because they were dam aged  5 boxes of blue pens because they were the wrong color Bright Stationers Ltd agreed to accept the returned goods and issue a credit note. Task As the accounts clerk of Bright Stationers Lt d, prepare a document to Sunrise Secondary School for the items returned. BRIGHT STATIONERS LTD P.O. Box 1234, Kampala Tel: 0700 000000 CREDIT NOTE Credit Note No: CN 0032 Date: 20th February 2026 To: Sunrise Secondary School Reference: Invoice No. 0145 Details of Goods Returned Description Quantity Returned Unit Price (UGX) Total (UGX) Printing Paper (Cartons) 10 25,000 250,000 Blue Pens (Boxes) 5 12,000 60,000 Sub–Total 310,000 2 Trade Discount: 5% of 310,000 = 15,500 Total Amount Credited = 310,000 – 15,500 = UGX 294,500 Amount credited to the account of Sunrise Secondary School in respect of goods returned as per details above. Prepared by: _______________________ Authorized by: _______________________ Thank you for your business. Activity. 2 Elite Bookshop Ltd sold goods on credit to Green Valley Sec ondary School on 10th March 2025 . The invoice details were as follows:  40 Mathematics textbooks at UGX 30,000 each  20 reams of photocopying paper at UGX 28,000 each  Trade discount of 10% was allowed  Invoice No: 0218 After receiving the invoice, Green Valley Secondary School discovered that the textbooks had been wrongly charged …
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Source Documents Scenarios Based 2026, is an educational document on StudyUganda.com. This resource includes: "1 SOURCE DOCUMENTS SCENARIOS. 1.Bright Stationers Ltd, a business located in Kampala, sold goods on credit to Sunrise Secondary School on 15th February 2026. The ……" (Format: PDF) — 720.13 KB, 8 pages. Added July 23, 2026.

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