Question

7.Sold Goods Worths Rs 80,000 To Natasha @ 10% Trade Discount and received Cash after Allowing Her 5% Cash Discount , in this ____________ A/C will be Debited by Rs 68,400

Answer 1

Cash A/c dr. 68,400

Discount Allowed A/c dr. 3,600

To Sales A/c 71,000

( Being sales made with 10% TD and 5% CD )

( Cash A/c will be debited )