(a)    There will be a deficit in the stock at the

end of the month

(d)     Lower sales value reflected in the trial

balance

(c)     Bad debts / Credit losses

(b)     Customer might return the stock in a poor

condition

(a)  We will recognize the full amount as sales,

as this is the income we are anticipating

(b) 

Trade receivable figure will be net of the discount

(c)  We

will recognize sales in the profit calculation net of the discount as this is

the income we anticipate earning.

(d) Dr Trade

receivables          10,      Cr discount received        10

(c) Dr Trade receivables     100,     

Cr Sales                            

100

(a) Dr   Bank                           100,     Cr Sales                            100                       

(b) Dr Trade receivables       90,     

Cr Sales                              

90

(b)

Dr Trade receivables       90,      Cr Sales                               90

(c) Dr Trade

receivables     100,      Cr

Sales                             100

(a) Dr   Bank                           100,     Cr Sales                         100                 

(d) Dr Trad

receivables          10,      Cr discount received        10