brought goods worth 60000 from prasant at 7.5 trade discount and amount paid by cash journal entry..
Answers
Answered by
1
Explanation:
purchase A/c. Dr. 55500
To cash a/c. 55500
(being brought goods from prasant at 7.5 trad discount)
Answered by
1
Purchases A/c ..dr 55500
To cash 55500
(Trade discount is not recorded in journal entry)
To cash 55500
(Trade discount is not recorded in journal entry)
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