Question

Bina Watch Co., Delhi purchased 25 pieces of ''Time Star'' brand wrist watch from ''Pioneer Watches'', Delhi at list price of Rs. 2,000 per piece less Trade Discount and Cash Discount of on payment within 15 days from the date of the transaction.

Answer 1

Answer:

Question No 06 Chapter No 9

6. Pranab Mukherjee had the following credit sale during the month of January,2019. write up the transaction in his Sale Book :

2019 Jan.3Sold to Anglo Watch Co. 3 Wrist- watches @ RS 625 each Jan. 6Sold to Sunshine Watch Co. 12 Time Clocks @ Rs 200 eachJan.11Sold to Royal watch Co. 5 Wall Clocks @ Rs 500 each 5% trade discountJan. 16Sold to Sen Bros. 3 Cavalry Watches @ Rs 700 eachJan.20Sod, to Ruby Watch Co., 5 Wall Clocks @ RS 600 each 10 timepieces @ RS 175 each (Tared discount 10%)