Sales Marketing and Customer Services
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GradedClasswork2.docxGrade 11 Office Administration
Classwork 2: Sales Marketing and Customer Services
Date -------------Total ----------/15 marks
The following items were bought on credit by Nagicor insurance company Ltd , Road town , Tortola:
25 ream Copy –Rite letter-Size paper @ $500 each;
20 reams Copy-Rite legal- size paper $650 each.
Terms: Quantity discount offered at 10% if the invoice is settled within 20 days, the customer will receive a 5% discount, otherwise net. Stationery world also offers 3 percent cash discount if the bill is settled within 10 days. The full payment is due 30 days from the invoice date.
(a) Prepare an invoice dated February 25, 2021 to show the transaction. ( 10 marks)
(b) How much will Nagicor Insurance Ltd pay if the account is settled within 10 days?( 1 mark)
(c) How much will Nagicor Insurance Ltd pay if the bill is settled on the due date ? ( 1 mark)
(d) State THREE functions of the sales department. ( 3 marks)
INVOICE
Invoice No. 101
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STATIONERY WORLD ROAD TOWN TORTOLA, BVI 1284-345-667 ------------------------------------------------------------------------------------------------------------------- Your order #354 GCT Registration # 0136-2482 _______________________________________________________________________________
TO:_______________________________________ Date:__________________
Address:_______________________________________________________________________
_______________________________________________________________________
________________________________________________________________________ Please supply the following: |
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QUANTITY |
DESCRIPTION |
UNIT PRICE |
TOTAL |
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TOTAL |
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