The travel agency Voyagis acts as an agent (conclusion given by the case) for the sale of tours organised by a tour operator. On 3 May 20X1, it collects 12,000 from a customer for a tour and must pass 10,800 on to the tour operator. According to the case data, Voyagis's obligation, arranging for the tour operator to provide the tour, is satisfied on that date. Record Voyagis's entry on 3 May 20X1.
- Amount collected from the customer
- 12,000
- Amount to be passed on to the tour operator
- 10,800