How an analysed sales day book works
Extra columns split each sale by type, so the business can see what sells. Total the columns and post each one.
Task 1Splitting the net amount4 questions
An analysed sales day book has extra columns that split the net amount by type of sale. Larkfield analyses its sales into mugs and plates.
| Invoice | Mugs | Plates | VAT | Gross |
|---|---|---|---|---|
| 3201 | 180.00 | 150.00 | 66.00 | 396.00 |
| 3202 | 450.00 | 90.00 | 540.00 | |
| 3203 | 330.00 | 290.00 | 124.00 | 744.00 |
| 3204 | 200.00 | 40.00 | 240.00 |
On each line the analysis columns add up to the net amount of the invoice. VAT is still 20% of the net amount.
Task 2Posting and using the analysis4 questions