Question

Commenced business with cash 20,000, Goods ? 5.000 and Loan
from his friend Rakesh ? 10.000.
Sold goods for Cash to Ajay at 10% trade discount and 5% cash discount,
the invoice price being 2,000.
Donated cash 200 and goods worth 100
Talla 37 100)​

Answer 1

Answer:

Commenced business with cash 20,000, Goods ? 5.000 and Loan

Commenced business with cash 20,000, Goods ? 5.000 and Loanfrom his friend Rakesh ? 10.000.

Commenced business with cash 20,000, Goods ? 5.000 and Loanfrom his friend Rakesh ? 10.000.Sold goods for Cash to Ajay at 10% trade discount and 5% cash discount,

Commenced business with cash 20,000, Goods ? 5.000 and Loanfrom his friend Rakesh ? 10.000.Sold goods for Cash to Ajay at 10% trade discount and 5% cash discount,the invoice price being 2,000.

Commenced business with cash 20,000, Goods ? 5.000 and Loanfrom his friend Rakesh ? 10.000.Sold goods for Cash to Ajay at 10% trade discount and 5% cash discount,the invoice price being 2,000.Donated cash 200 and goods worth 100

Commenced business with cash 20,000, Goods ? 5.000 and Loanfrom his friend Rakesh ? 10.000.Sold goods for Cash to Ajay at 10% trade discount and 5% cash discount,the invoice price being 2,000.Donated cash 200 and goods worth 100Talla 37 100)