2.5. Pass Journal entries and post it into ledger for the following transactions :-
[12]
2018
Jan. 6 Sold goods to Muskan of the list price of Rs.2,00,000 at trade discount of 20%.and preare ledger of that
Answers
jan 6 muskan a/c Dr 1,60,000
trade discount Dr 40000
To. sales a/c 200000
ledger A/c of muskan
Dr Cr
particular. Amount particular Amount
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To sales. 200000. trade discount. 40000
balance c/f. 160000
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200000 200000
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ledger A/c of sales
Dr Cr
particular. Amount. particular. Amount
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balance c/f 200000 muskan A/c. 160000
trade discount. 40000
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200000. 200000.
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