Question

24. Nakul sold 100 Cricket Bats to Akhil Sports @ Rs.5,000 less 25% Trade Discount and 2%
Cash Discount Akhil Sports pays the amount within 14 days of sale. Akhil sports paid the
amount within 14 days. (2+2+2)
1. What will be the amount that Rahul wil edi to Sales Account?
2. What will be the journal entries for the above transactions in the books of Nakul,​

Answer 1

Answer:

sorry..

4. Nakul sold 100 Cricket Bats to Akhil Sports @ Rs.5,000 less 25% Trade Discount and 2%

Cash Discount Akhil Sports pays the amount within 14 days of sale. Akhil sports paid the

amount within 14 days. (2+2+2)

1. What will be the amount that Rahul wil edi to Sales Account?

2. What will be the journal entries for the above transactions in the books of Nakul,

sorry..

Explanation:

4. Nakul sold 100 Cricket Bats to Akhil Sports @ Rs.5,000 less 25% Trade Discount and 2%

Cash Discount Akhil Sports pays the amount within 14 days of sale. Akhil sports paid the

amount within 14 days. (2+2+2)

1. What will be the amount that Rahul wil edi to Sales Account?

2. What will be the journal entries for the above transactions in the books of Nakul,