Question

8.53
Gui) Received cash from Aldhil 38.000 i settlement of his dues of x 40,000.
) Received from Amrit 50,000 by cheque on account against dues of 60,000
(o) Paid cash 39,200 to Suresh in settlement of his dues, availed discount of 2%
w Paid hy cheque ? 25.000 to Mehanin settlement of her dues of 7 26,000.
(it) Paid 25.000 to Yogesh by cheque on account
wit) Purchased goda costing ? 100.000 prins cheque and availed discount of 3%.
() Purchased goods casting c0.000 from Akash & Co. paid 50% immediately availing
Solood of 30.000 unt de la disunt
Sold vods of 20000 to Vimal ceived so due amount allowing 2% discount
Mittal Bres purchased 100 shawls 3.000 per shawl. Allowed 10% Trade Discount
and 3% Cash Discount if payment is made within 14 days. Mittal Bros, received
20 shawls of poor quality, which itreturnei Mittal Bros, settled the payment in 10 days.
0 Sold to Gupta Shawls, 100 shawls @ 200 per shawl on 4th January, 2020. Trade
Discount 25% and Cash Discount 5% if full payment is made within 14 days. Gupta
Shawls sent 50% of the payment on 14th January, 2020 and balance payment on
10th February, 2020.
Hint: Gupta Shawls will not get cash discount as full payment is not made by it within
14 dor)​

Answer 1

Answer:

Jay Maharashtra