Grade 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)