Question

0.12. Journalise the following transactions in the books of Dixit & Sons.:
March 2: Sold goods to Dilip of the list price of 62,000 for 260.000.
16 Purchased goods costing R2,00.000 from Hari & Co. Paid 75% immediately by
cheque to avail 4% discount.
20 Sold goods to Vishal Traders costing 40,000 at 25% profit, allowing 10% trade
discount and 10% cash discount. Received 80% payment immediately by cheque
2 Sold soods to Brij & Co, costing 50,000 at 40% profit, allowing 10% trade
discount and 5% cash discount. Brij & Co. paid the full amount by cheque and
availed cash discount​

Answer 1

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Explanation:

Answer 2

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Explanation:

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