Accountancy, asked by 1999kanupriya, 4 months ago

by cheque.
12.Enter the following transactions in the books of Mulayam Singh.
2012
Mar. 1 Received * 1900 from Mayawati and allowed her discount + 100.
Mar. 2 Paid F 2,400 to Mishra and availed a discount of 7 100.
Mar. 8 Received + 3,950 from Amar Singh in full settlement of his account of 7 4,000.
Mar. 9 Paid * 4,390 to Akhilesh by cheque in full settlement of his account of 7
4,500.
Mar. 15 Suresh Yadav, who owed 5,000, paid the amount by bank draft is full
settlement of his account, by availing 3% cash discount.
Mar. 16 Dalip Yadav to whom 76,000 was payable, his account settled by receiving
a discount of 1.5%.
Mar. 23 Paid † 2,400 by cheque to Ravi, availing a discount of 4%.
Mar. 24 Received * 6,860 from Santosh, allowing her 2% cash discount.
Hints : Cash discount given in percentage is calculated on the amount receivable/
payable (not on the amount received or paid). But when cash received/paid is given,
the discount is calculated as follows:
Rate
Discount = Amount Receieved/paid
100 - Rate. please help me​

Answers

Answered by ashok84lowanshi
1

Answer:

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