Question

good sold on cash 50.000 @5% trade discount two colomn cash book b.com ​

Answer 1

cash A/c. .____..dr 2500

to sales A/c ..________ 2500

explanation :

• trade discount are not shown in book of a/c
• $50000 \times \frac{5}{100} \\ 500 \times 5 = 2500$
• cash come in , and sales (good ) goes out