Question

Goods costing ` 16,000 were sold at a profit of 20% on sale price to Amrit and allowed 10% discount on immediate payment. plz reply me fast.....​

Answer 1

Answer:

Cash A/C..........................................Dr 18,280

Discount allowed A/C..................Dr 920

To sales A/C. 19,200

Answer 2

Answer:

Cash A/C..........................................Dr 18,280

Discount allowed A/C..................Dr 920

To sales A/C. 19,200

Explanation: