Question

bought goods of list price 15000 thousand from Ashish at trade discount 10% and 5% cash discount and paid 40% amount by cheque. ( journal entry ? )

Answer 1

Trade discount is not recorded in the books of accounts.
trade discount is 1500 rupees
Trade discount is deducted from (15000-1500)=13500*(5/100)
Cash discount is 675


journal entry is

purchases a/c Dr. 13500
To Bank a/c. 5400
To Ashish a/c. 8100

Ashish a/c Dr. 675
To discount received a/c. 675

Answer 2

purchases A/c Dr Rs.13500

To discount A/c Rs. 675

To Bank A/c Rs. 5400

To Cash A/c Rs.7425

[being goods purchased with a cash discount of 5%]

Note : Trade Discount is not shown in the books of accounts.