Goods costing 30,000 supplied to Mohan at 25% profit of sales price less Trade Discount 5% will be credited to sales A/c with ?
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Answer:
profit of sale:
30000×25/100=7500
total cost =30000+7500=37500
trade discount=5%
37500×5/100=1875
37500-1875=35625
so, sales a/c credited with 35625
MOHAN A/C DR 35625
TO SALES A/C 35625
Answered by
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alov... just forget everything....
if I was there with u I would have done something..
I will pray for u and for ur exams..u too pray for me if u get time..
take care..
stay safe..
- Blaise
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