IGCSE ACCOUNTING -Sales Invoice worksheet

SALES INVOICE WORKSHEET

Problem 1

ABC Ltd. is a business that sells office furniture. On 10th February 2025, the company
sold the following items on credit to XYZ Enterprises:

●​ 5 office desks at $120 each
●​ 10 office chairs at $50 each
●​ 2 filing cabinets at $200 each

The company allows a 10% trade discount on all sales and charges 5% VAT on the net
amount.

Required:

(a) Prepare the sales invoice that ABC Ltd. would issue to XYZ Enterprises.​
(b) Explain two reasons why businesses issue sales invoices.

,Question Sheet : Problem 1




Sales Invoice​
Invoice No.:​
Date:​
To​



Description Quantit Unit Price Total ($)
y ($)

Office Desk

Office Chair

Filing Cabinet

Subtotal

Less: 10% Trade
Discount

Net Amount

Add: 5% VAT

Total Amount Payable

Terms:

, (b) Two Reasons Why Businesses Issue Sales Invoices?



1.




2.