Question

3. Goods sold to Satya Prakash costing 20.000 at a profit of 20% on sales. less 10% Trade
discount and paid cartage of 100 (to be charged from the customer​

Answer 1

Answer:

Satya Prakash a/c Dr 21,600

To Sales a/c. 21600

(being goods if ₹20000 is sold to Satya Prakash on 10% trade discount and on 20%profit)

Cartage A/c. Dr. 100

To satyaprakash A/c. 100

(Being charged and paid by Satya Prakash.)

Explanation:

20000 + 20 % = 24000

24000 - 10% = 21600

HOPE IT'S HELPFUL ✌