Question

8) Sold goods to Ratan amounting to 8000 at
tacade discount of 10%.​

Answer 1

Answer:

Cash A/c     Dr   1764

Discount Allowed A/c    Dr   144

Debtors A/c    Dr     5292

         To Sales A/c                     7200

Explanation:(The question is not completely posted here,but to the best of my understanding i have posted the entry)

Trade discount(not recorded in books) 8000*10%=800

Sales Value=8000-800=7200

Cash discount=7200*2%=144

Cash paid at the time will be 7200-144=7056*25%=1764

Cash not paid by Debtor will be debited to his account with=7056-1764=5292

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Answer 2

Answer:

$\huge\star\sf\underline\red{Question}$

Sold goods to Ratan amounting to 8000 at tacade discount of 10%. what is the selling price.?

$\huge\star\sf\underline\red{Solution:-}$

$\star\sf\underline\blue{Given:-}$

$\sf{Amount = Rs.8000} \\ \\ \sf{Discount= 10\%} \\ \\ \sf{Selling\:price = ?}$

$\star\sf\underline\blue{Step\:by\:Step:}$

$\implies\sf{ \dfrac{90}{100} \times 8000} \\ \\ \implies\sf{90 \times 80} \\ \\ \implies\sf{7200} \\ \\ \sf\green{Selling\:Price\:will\:be\:Rs.7200}$

$\huge\star\sf\underline\red{Thanks}$