Question

Bought goods of the list price of Rs.6000 from khanna brothers less 15% trade discount & 2 % cash discount & paid 40% at same time

Answer 1

Answer:

Purchase a/c....... dr 5100

To Khanna brother a/c 3060

To Discount received a/c 40

To Cash a/c 2000

Explanation:

# No treatment of TD