Question

Cash Sales of a rs 8,000 @ 10% Trade.Discount & 5% Cash.Discount​

Answer 1

Answer:

Explanation:Answer

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9

kanhaiyaavp

Ace

819 answers

415.4K people helped

heyaa,,,,

____________________________

journal entry for Sold goods for cash of the list price of Rs 8000 at 10% trade discount and 3% cash discount will be;

_____________________________

cash a/c dr 6,984

discount a/c dr 216

to sale a/c 7,200

(being goods sold for cash)

_____________________________

hope it helps

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THANKS  

9

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Answer

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11

demonsking52801

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hey mate your answer to this question is

list price --> 8,000

TD ---> 800

agreed price--> 7200

cash discount--> 216

journal entry

cash a/C dr. 6,984

discount a/C dr. 216

to sales a/c. 7,200

(being goods sold and 3% cd given)